2 4 Cost Net realizable value Net realizable value less normal profit Market replacement cost 1 $7.50 9.15 8.20 7.60 $11.15 9.80 9.30 9.90 3 $11.70 13.05 11.10 13.35 $6.15 5.50 3.60 5.25 5 $8.25 6.80 6.50 5.15 Determine the proper unit inventory price in the above independent cases by applying the lower of cost or market rule. Case 1 7.60 Case 2 9.30 Case 3 11.10 Case 4 3.60 Case 5 5.15 Click if you would like to Show Work for this question: QShow Work