Question 13 Cullumber 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 $29 $57 Replacement cost 15 31 Estimated cost to dispose 26 28 Estimated selling price 58 89 In pricing its ending inventory using the lower-of-cost-or-market, what unit values, rounded to the nearest dollar, should Cullumber use for products #1 and #2, respectively? $15 and $ 34. O $ 31 and $ 34. O $ 15 and $31. O $ 31 and $ 32. Click if you would like to Show Work for this question: Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your Instructor Question Attempts: 0 of 1 used