Replacement value and Net realizable value:

Products	A	B	C	D	E	F
Cost	$ 5.50	$4.80	7.58	9.00	1.50	3.75
Replacement Cost	6.50	5.00	6.50	7.50	3.00	4.50
Expected Selling Price	11.00	3.00	8.00	9.50	10.00	4.00
Cost to Complete or sale	4.50	2.00	3.00	5.50	2.50	2.00
Normal Profit (Assuming) (15%)

Instructions:

[1] You will create three tables to determine the Net Realizable Value = Ceiling ; Net Realization Value = Floor; Value will be used as the market amount

[2] Please explain each value will be used as the market amount

[3] Please provide a clear calculation and brief explanation.