Question 07 In some instances, accounting principles require a departure from valuing inventories at cost alone. Determine the proper unit inventory price in the following cases, under the lower-of-cost-or-market rule. (Round answers to 2 decimal places, e.g. 52.75.) Cases 1 2 3 4 5 Cost Net realizable value Net realizable value less normal profit Market (replacement cost) $17.30 13.80 11.90 $18.00 20.20 18.70 17.40 $14.80 16.80 15.46 $16.60 11.50 10.00 10.20 $16.10 18.00 16.20 17.90 15.00 14.10 Cases 1 2 3 5 Unit inventory price $ $ $ A