fraincoats Regular and Stain Resistant Information able. Determine the ending inventory value per unit and the amoun lower-of-cost-or-market rule assuming that Chicago Clothing group-by-group approach to LCM. (Assume that Chicago Clo i Data Table Normal Profit Cost Current Replacement Cost 180 Selling Price $ 260 Disposal Costs $ 30 Margin 68 Group Regular Stain Resistant $ 98 300 28 43 283 360 Print Done Chicago Clothing Company manufactures two types of raincoats Regular and Stain Resistant Information related to both products is presented in the following table Click the icon to view the table) Determine the ending inventory value pe lower-of-cost-op-market rule assuring th group-by-group approach to LCM (A Begin by determining the ending inventory value per unit and the lower-of-cost-or-market value per unit (Abbreviations used NRV Net Rouluablo Value NP Current Normal Replacement Selling Disposal Profit LIFO NRV NRV - NP Cost Price Costs Margin Group (Floor) (Celling) Market Cost LCM Regular Determine the ending inventory value per unit and the amount of any write-downs per unit using the lower-of-cost-or-market rule assuming that Chicago Clothing uses the LIFO costing method and the group-by-group approach to LCM. (Assume that Chicago Clothing Company is a U.S. GAAP reporter) ations used: NRV = Net Realizable Value, NP = Normal Profit Margin)