Han Company has three products in its ending inventory. Specific per unit data at the end of the year for each of the products are as follows:

Cost: Product 1= 34; Product 2= 104; Product 3= 64

Replacement cost: Product 1= 32; Product 2= 99; Product 3= 54

Selling price: Product 1= 54; Product 2= 134; Product 3= 73

Selling costs: Product 1= 4; Product 2= 42; Product 3= 15

Normal profit: Product 1= 19; Product 2= 44; Product 3= 26

Required:

What unit values should Han use for each of its products when applying the lower of cost or market (LCM) rule to ending inventory?

\begin{tabular}{|c|rr|c|c|c|c|c|c|} \hline Product & Cost & \begin{tabular}{c} Replacement \\ cost \end{tabular} & & NRV & NRV minus NP & Market & \begin{tabular}{c} Per Unit \\ Inventory \\ Value \end{tabular} \\ \hline 1 & $ & 34 & $ & 32 & $ & & & \\ \hline 2 & & 104 & & 99 & & 92 & & \\ \hline 3 & & 64 & & 54 & & 58 & & \\ \hline \end{tabular}