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 $ 25 23 45 Product 2 $ 95 90 125 39 35 Product 3 $ 55 45 67 13 17 7 1@ 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 $ 23 I 2 25 $ 95 55 90 3 45