Konan, Inc. needs to determine its inventory value. The following information pertains to the individual products in ending inventory:

Product		Cost				Replacement Cost				Selling Price				Cost of Completion				Normal Profit
L-19		$	40			$	38			$	50			$	2			$	11
M-23			52				40				60				10				8
N-05			20				24				30				2				6

A) Assuming Konan uses the FIFO method for costing its inventory, the net realizable value for product L-19 is

B) Assuming Konan uses the FIFO method for costing its inventory, the reported value of product M-23 is

C) Assuming Konan uses the FIFO method for costing its inventory, write-down of inventory value for items M-23 is

D) Assuming Konan uses the FIFO method for costing its inventory, the writedown of inventory value for Product N-05 is