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Saved homework Help The inventory of Royal Decking consisted of five products. Information about the December 31, 2021, Inventory is as follows: Product A B

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Saved homework Help The inventory of Royal Decking consisted of five products. Information about the December 31, 2021, Inventory is as follows: Product A B D E Cost $ 52 92 52 112 32 Per Unit Replacement Cost $ 47 82 67 82 40 Selling Price $ 72 112 92 142 42 5 Selling costs consist of a sales commission equal to 10% of selling price and shipping costs equal to 5% of cost. The normal profit is 40% of selling price. Required: What unit value should Royal Decking use for each of its products when applying the lower of cost or market (LCM) rule to units of ending inventory? (Do not round intermediate calculations. Round final answers to 2 decimal places.) Replacement Product Cost NRV NRV - NP Market Per Unit Inventory Value $ 47 52 $ 92 B 82 67 82 40 52 112 32 D E

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