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Herman Company has three products in its ending inventory. Specific per unit data for each of the products are as follows: Product 1Product 2Product 3Cost$30$100$60Selling

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

Product 1Product 2Product 3Cost$30$100$60Selling price70150100Costs to sell106020

Required:What unit values should Herman use for each of its products when applying the net realizable value rule to ending inventory?

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