Historical cost	Estimated selling price	Cost of completion	Cost of disposal	Current replacement cost	Normal profit margin
1.	$60	$70	--	$5	$55	$7
2.	$50	$80	$20	$6	$53	$3
3.	$45	$44	$3	$2	$40	$4
4.	$29	$40	$4	$6	$28	$5
5.	$100	$110	$15	$5	$82	$5

For each set of independent facts listed, determine the appropriate measure of a unit of inventory under U.S. GAAP and IFRS. Assume the LIFO method is used.

1.

2.

3.

4.

5.