Unit Cost Replacement Cast/Unit Estimated Selling Price/Unit Completion & Disposal Cost/Unit Normal Profit Margin/Unit Item Quantity X190 8,772 $10.75 $10.28 $12.04 $2.58 52.92 X512 4257 6.45 0.22 7.65 27.13 6.02 16.34 12.26 1.55 7.74 X6e2 15.480 10,750 2.80 16.00 12.04 2195 17.03 1.20 4.95 0.95 2846 7,396 10.32 10.97 12.00 1.81 Calculate the lower of cost-or-marit using the individual-item approach. (Round answers to 2 decimal places, eg. 52.75J Lower-of-Cost-or-Market (Per unit basis) X490 $ X512 $ X682 $ X195 $ X346 4 eTextbook and Media List of Accounts Show the journal entries Skysong, Inc. will need to make in order to write down the ending inventory from cost to market. Assume this is Skysong's first year of operations (Credit account titles are automatically Indented when amount is entered. Do not indent manually. Round answers to decimal places, es 5.275.) Account Titles and Explanation Debit Credit Cost of Goods sold Method: Loss method