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The inventory of Royal Decking consisted of five products. Information about ending inventory is as follows: Costs to sell consist of a sales commission equal

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The inventory of Royal Decking consisted of five products. Information about ending inventory is as follows: Costs to sell consist of a sales commission equal to 20% of selling price and shipping costs equa to 10% of cost. Required: What unit value should Royal Decking use for each of its products when applying the lower of cost or net realizable value (LCNRV) rule to units of ending inventory? Answer is complete but not entirely correct

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