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The inventory of Royal Decking consisted of five products. Information about ending inventory is as follows: Product Per Unit Cost Replacement Cost Selling Price A

The inventory of Royal Decking consisted of five products. Information about ending inventory is as follows:

Product Per Unit
Cost Replacement Cost Selling Price
A $ 57 $ 52 $ 77
B 97 87 117
C 57 72 97
D 117 87 147
E 37 45 47

Selling costs consist of a sales commission equal to 15% 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?

Note: Do not round intermediate calculations. Round final answers to 2 decimal places

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