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:

	Product 1				Product 2				Product 3
Cost	$	26			$	96			$	56
Replacement cost		24				91				46
Selling price		46				126				63
Selling costs		8				31				14
Normal profit margin		11				36				18

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

Product	Cost	Replacement Cost	NRV	NRV-NP	MARKET	Per Unit Inventory Value
1
2
3