Question: Need help with this one, I can not get correct answers. Assume in each case that the selling expenses are $8 per unit and that

Assume in each case that the selling expenses are $8 per unit

Need help with this one, I can not get correct answers.

and that the normal profit is $5 per unit. Calculate the limits

Assume in each case that the selling expenses are $8 per unit and that the normal profit is $5 per unit. Calculate the limits for each case. Then enter the amount that should be used for lower of cost or market. Selling Price $59 47 60 48 Upper Limit Replacement Cost $43 36 42 Lower Limit Cost $47 40 45 40 LCM

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