## Answers

Product | Cost | Replacement cost | NRV | NRV - NP | Market | Per unit Inventory value | |

Item D | $70.00 | $110.00 | $105.00 | $85.00 | $110.00 | $70.00 | |

Item E | $80.00 | $65.00 | $75.00 | $55.00 | $65.00 | $65.00 | |

Item F | $60.00 | $70.00 | $70.00 | $50.00 | $70.00 | $60.00 | |

Item G | $80.00 | $30.00 | $65.00 | $45.00 | $45.00 | $45.00 | |

Item H | $45.00 | $70.00 | $80.00 | $60.00 | $70.00 | $45.00 | |

Item I | $32.00 | $30.00 | $55.00 | $35.00 | $35.00 | $32.00 | |

NRV =[Selling price - Selling expenses] | |||||||

Market =Higher of (Replacement cost, NRV-NP) | |||||||

Per unit Inventory value =Lower of(Cost, Market) |

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