Herman Company has three products in its ending inventory. Specific per unit data at the end of the year for each of the products are as follows:

Required:What unit values should Herman use for each of its products when applying the lower of cost or net realizable value (LCNRV) rule to ending inventory?

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Product 1 Product 2 $ 90 Product 3 $20 $50 Cost Selling price Costs to sell 40 120 40 70 10