(LCNRV) Riegel Company uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The inventory at December 31, 2017, consists of products D, E, F, G, H, and I. Relevant per unit data for these products appear below.

Item

D E F G H I

Estimated selling price $120 110 95 90 110 90

Cost 75 80 80 80 50 36

Cost to complete 30 30 25 35 30 30

Selling costs 10 18 10 20 10 20

Instructions

Using the LCNRV rule, determine the proper unit value for balance sheet reporting purposes at December 31, 2017, for each of the inventory items above.