The inventory of Royal Decking consisted of five products. Information about the December 31, 2021, inventory is as follows: Product B D E Cost $ 41 81 41 101 21 Per Unit Replacement Cost $ 36 71 56 71 29 Selling Price $ 61 101 81 131 31 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 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? (Do not round intermediate calculations. Round final answers to 2 decimal places.) Market Replacement cost NRV NRV - NP Product Cost Per Unit Inventory Value A S 41 $ 36 STRERT Saved Help Save & Exit Submit 30% OI selling price. Check my work 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.) Cost Replacement cost Product NRV Market NRV - NP Per Unit Inventory Value $ 41 $ 36 71 81 B. 56 41 es 71 D 101 29 21 m