The inventory of Royal Decking consisted of five products. Information about ending inventory is as follows: Per Unit Replacement Product Cost Cost Selling Price ABCDE $ 40 $ 35 $ 60 80 70 100 40 55 80 100 20 70 28 130 30 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 30% 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? Product Cost Replacement cost A $ 40 SA 35 B 80 70 C 40 40 55 D 100 70 E 20 28 NRV NRV minus NP Market Per Unit Inventory Value