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please show me correct answers for the boxes shown with red xs. thank you Exercise 9-5 (Algo) Lower of cost or market [LO9-1] The inventory
please show me correct answers for the boxes shown with red xs. thank you
Exercise 9-5 (Algo) Lower of cost or market [LO9-1] The inventory of Royal Decking consisted of five products. Information about the Decenber 31,2021 , Aiventocyis as follows: Selling costs consist of a sales commission equal to 15% of selling price and shippeng costs equal to 5% of cost. Jhe normai profit is 30% of selling price. Required: What unit value should Royal Decking use for each of its products when applying the fower of cast or market (LM) mule to units of ending inventory? (Do not round intermediate calculations. Round final answers to 2 decimel places,) Step by Step Solution
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