E9-2B (Lower-of-Cost-or-Market) Wolfe Company uses the lower-of-cost-or-market method, on an individual-item basis, in pricing its inventory items.

E9-2B (Lower-of-Cost-or-Market) Wolfe Company uses the lower-of-cost-or-market method, on an individual-item basis, in pricing its inventory items. The inventory at December 31, 2014, consists of products D, E, F, G, H, and I. Relevant per-unit data for these products appear below.

                                            Item      Item      Item      Item     Item     Item

                                              D           E          F           G        H          I      

Estimated selling price      $ 240     $220     $190    $180     $220   $180

Cost                                     150       160       160      160       100       72

Replacement cost                240       144       140        60       140       60

Estimated selling expense     60          60        60         50        60       60

Normal profit                          40          40        40         40        40       40

Instructions

Using the lower-of-cost-or-market rule, determine the proper unit value for balance sheet reporting purposes at December 31, 2014, for each of the inventory items above.