Please answer those questions

Ross Electronics has one product in its ending inventory. Per unit data consist of the following cost, $33, selling price, $41; selling costs, $5. What unit value should Ross use when applying the lower of cost or net realizable value rule to ending inventory? Unit vil Ross 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 Ross use when applying the lower of cost or market (LCM) rule to ending inventory? Unit value 3 On February 26 a hurricane destroyed the entire inventory stored in a warehouse owned by the Rockford Corporation. The following information is available from the records of the company's periodic inventory system beginning inventory, $220,000, purchases and net sales from the beginning of the year through February 26, $400,000 and $600,000, respectively, gross profit ratio, 30% Estimate the cost of the inventory destroyed by the hurricane using the gross profit method 10 points eBook Print 5 0 References Beginning inventory Plus Not purchases Cost of goods available for sale Less: Cost of goods sold Net sales Less Estimated gross profit Estimated cost of goods sold Estimated cost of inventory destroyed 0 $ 0