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Business, 22.01.2020 20:31 Julianhooks

The inventory of royal decking consisted of five products. information about the december 31, 2018, inventory is as follows: per unit product cost selling price a $ 80 $ 100 b 120 140 c 80 120 d 80 110 e 40 50 costs to sell consist of a sales commission equal to 10% of selling price and shipping costs equal to 5% of cost. required: what unit value should royal decking use for each of its products when applying the lower of cost or net realizable value (lcnrv) rule to units of ending inventory?

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