Question: A 1 Electronics has one product in its ending inventory. Per unit data consist of the following: cost, $ 2 2 replacement cost, $ 2

A1 Electronics has one product in its ending inventory. Per unit data consist of the following: cost, $22 replacement cost, $20 selling price, $32 selling costs, $6. The normal profit is 25% of selling price.
What unit value should A1 use when applying the lower of cost or market (LCM) rule to ending inventory?

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