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The inventory of Royal Decking consisted of five products. Information about ending inventory is as follows: Product Cost $ 120 160 Per Unit Selling

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The inventory of Royal Decking consisted of five products. Information about ending inventory is as follows: Product Cost $ 120 160 Per Unit Selling Price $ 150 180 TTT 160 120 Costs to sell consist of a sales commission equal to 10% of selling price and shipping costs equal to 5% 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? Product Cost NRV Per Unit Inventory Value A B C D E

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