Valuing Inventory Using Lower-of-Cost-or-Net Realizable Value

Ubber Company's inventory had a unit cost of $90, and estimated distribution cost was $4 per unit. Compute the unit valuation of inventory based on lower-of-cost-or-net realizable value under each separate case a through h.

Case	Unit Selling Price	Lower-of-cost-or- net realizable value
a	$79
b	82
c	82
d	62
e	77
f	69
g	87
h	77