Presented below is information related to Vaughn Inc.$\text{'}$s inventory, assuming Vaughn uses lower$-$of$-$
$$LIFO cost$-$or$-$market.

$\backslash$table$[[($per unit$),$Skis,Boots,Parkas$],[$Historical cost$,$$$247\mathrm{.}00,$$$137\mathrm{.}80,$$$68\mathrm{.}90$

Presented below is information related to Vaughn Inc.'s inventory, assuming Vaughn uses lower-of-LIFO cost-or-market. (per unit) Skis Boots Parkas Historical cost $247.00 $137.80 $68.90 Selling price 275.60 188.50 95.88 Cost to distribute 24.70 10.40 3.25 Current replacement cost 263.90 136.50 66.30 Normal profit margin 41.60 37.70 27.63 Determine the following: (a) The two limits to market value (i.e., the ceiling and the floor) that should be used in the lower-of-cost-or-market computation for skis. (Round answers to 2 decimal places, e.g. 52.75.) Ceiling Floor $ (b) The cost amount that should be used in the lower-of-cost-or-market comparison of boots. (Round answer to 2 decimal places, e.g. 52.75.) t