Hayes Co is considering selling off one of its subsidiaries, Fran Ltd., and would like to value its inventory of 1500 large storage boxes. The following information has been made available:

Market	Sales price per unit	Volume of sales of Fran Ltd	Volume of sales of storage boxes	Transaction costs per storage box	Transportation costs per storage box
North	85	4,000	100,000	5	3
Midlands	90	8,000	64,000	3	7
South	82	3,000	N/A	8	6

Hayes is suggesting that the fair value per unit of storage box should be 82.

Required:

Comment on whether this is appropriate given the circumstances.