The inventory of Royal Decking consisted of five products. Information about the December 31, 2013, inventory is as follows:

	Per Unit
Product	Cost			Replacement Cost			Selling Price
A	$	230		$	130		$	250
B		270			165			290
C		150			165			270
D		210			180			370
E		130			165			170

Disposal costs consist only of a sales commission equal to 10% of selling price and shipping costs equal to 10% of cost. The normal gross profit percentage is 30% of selling price.

Required:

What unit value should Royal Decking use for each of its products when applying the LCM rule to units of inventory?

		Ceiling	Floor
						Per Unit
				Designated		Inventory
Product	RC	NRV	NRV NP	Market Value	Cost	Value
A
B
C
D
E