The inventory of Royal Decking consisted of five products. Information about the December 31, 2018, inventory is as follows:Per UnitProduct Cost Selling PriceA $ 40 $ 60B 80 100C 40 80D 100 130E 20 30Costs 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?
