Problem -

Ivanhoe Company uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The inventory at December 31, 2017, consists of products D, E, F, G, H, and I. Relevant per unit data for these products appear below.

Item D Item E Item F Item G Item H Item I

Estimated selling price $140 $129 $111 $105 $129 $105

Cost 88 94 94 94 59 42

Cost to complete 35 35 29 41 35 35

Selling costs 12 21 12 23 12 23

Using the LCNRV rule, determine the proper unit value for balance sheet reporting purposes at December 31, 2017, for each of the inventory items above.

Item D$

Item E$

Item F$

Item G

Item H$

Item I$