Herman 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 Replacement cost Selling price Selling costs Normal profit Product 1 $ 28 26 48 5 13 Product 2 $ 98 93 128 30 38 Product 3 $ 58 48 60 10 20 Required: What unit values should Herman use for each of its products when applying the lower of cost or market (LCM) rule to ending inventory? Product Cost Replacement cost NRV NRV - NP Market Per Unit Inventory Value 1 $ 28 $ 26 2 98 93 3 58 48