Oriole Corporation has two products in its ending inventory, each accounted for at the lower of cost or market. A profit margin of 30% on selling price is considered normal for each product. Specific data with respect to each product follows:

	Product #1	Product #2
Historical cost	$9	$17
Replacement cost	7	11
Estimated cost to dispose	6	8
Estimated selling price	18	29

In pricing its ending inventory using the lower-of-cost-or-market, what unit values, rounded to the nearest dollar, should Oriole use for products #1 and #2, respectively?

$11 and $12.

$7 and $12.

$11 and $12.

$7 and $11.