Smith Clothing Company manufactures two types of raincoats-Regular and Stain Resistant Information related to both products is presented in the following table. (Click the icon to view the table.) Determine the ending inventory value per unit and the amount of any write-downs per unit using the lower-of-cost-or-market rule assuming that Smith Clothing uses the LIFO costing method and the group-by-group approach to LCM. (Assume that Smith Clothing Company is a U.S. GAAP reporter.) Begin by determining the ending inventory value per unit and the lower-of-cost-or-market value per unit. (Abbreviations used: NRV = Net Realizable Value, NP = Normal Profit Margin) Current Normal Replacement Selling Disposal Profit NRV NRV - NP LIFO Group Cost Price Costs Margin (Ceiling) (Floor) Market Cost LCM Regular CCCCCCCCC Stain Resistant DCCCCCCCC Now determine the amount of any write-downs per unit. (Complete all answer boxes. Enter a "0" for any zero amounts.) per unit. The required write-down amount for The required write-down amount for Regular raincoats is $ Stain Resistant raincoats is $ per unit. A Data Table Group Regular Stain Resistant Current Replacement Cost $ 190 320 Selling Price S 260 290 Normal Profit Margin $ 65 40 Disposal Costs 1 4 30 S Cost S 96 294 Print Done