The Inventory of Royal Decking consisted of five products. Information about ending Inventory is as follows: Product A B C D E Cost $ 52 92 52 112 32 Product ABCDE 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. Per Unit Replacement Cost $ 47 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. $ Cost 82 67 82 40 Replacement cost 52 $ 92 52 112 32 Selling Price $72 112 92 142 42 47 82 67 82 40 NRV NRV minus NP Market Per Unit Inventory Value

The inventory of Royal Decking consisted of five products. Information about ending inventory is as follows: 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? Note: Do not round intermediate calculations. Round final answers to 2 decimal places