The inventory of Royal Decking consisted of five prod Per Unit Replacement Cost Product Cost ABCDE...

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The inventory of Royal Decking consisted of five prod Per Unit Replacement Cost Product Cost ABCDE $ 55 $ 50 Selling Price $ 75 95 85 115 55 70 95 115 35 85 43 145 45 Selling costs consist of a sales commission equal to 10% of selling price and shipping costs equal to 5% of cost. The normal profit is 30% of selling price. Required: What unit value should Royal Decking use for each of its products when applying the lower of cost or market (LCM) rule to units of ending inventory? Note: Do not round intermediate calculations. Round final answers to 2 decimal places. Product Cost Replacement cost A $ 55 $ 50 B 95 85 C 55 70 DE 115 85 35 43 NRV NRV minus NP Market Per Unit Inventory Value The inventory of Royal Decking consisted of five prod Per Unit Replacement Cost Product Cost ABCDE $ 55 $ 50 Selling Price $ 75 95 85 115 55 70 95 115 35 85 43 145 45 Selling costs consist of a sales commission equal to 10% of selling price and shipping costs equal to 5% of cost. The normal profit is 30% of selling price. Required: What unit value should Royal Decking use for each of its products when applying the lower of cost or market (LCM) rule to units of ending inventory? Note: Do not round intermediate calculations. Round final answers to 2 decimal places. Product Cost Replacement cost A $ 55 $ 50 B 95 85 C 55 70 DE 115 85 35 43 NRV NRV minus NP Market Per Unit Inventory Value