ly thchanged 5. Justin Company sells product Baker replacement cost is $19. The estimated cost to dispose of a unit is $7, and the normal profit is 40%. At what amount per unit should product Baken be reported, applying lower-of-cost-or- market? a. $20 b. $19 c. $17 n for $24 per unit. The cost of one unit of Baken is $20, and d. $9.6 3 o. Given to sell produe profit margin is inventory under the lower-of-cost-or-market method? a. $22 b. $20o c. $18 d. $12 the historical cost of product Grove is $24, the selling price of product Grove is s30, costs t Grove are $8, the replacement cost for product Grove is $20, and the normal 40% of sales price, what is the amount that should be used to value the