A Specialized Retailer Has a Selection of Five Products The Company Estimates Selling Costs to Be 4% of Selling

Essay

A specialized retailer has a selection of five products. The following is information relating to these products.
$$\begin{array} { | c | c | c | c | } \hline \text { Product } & \text { \# Units } & \begin{array} { c } \text { Cost per } \\\text { unit }\end{array} & \begin{array} { c } \text { Selling } \\\text { price }\end{array} \\\hline \text { A } & 80 & \$ 60 & \$ 50 \\\hline \text { B } & 130 & 100 & 180 \\\hline \text { C } & 60 & 70 & 220 \\\hline \text { D } & 80 & 120 & 60 \\\hline \text { E } & 60 & 90 & 120 \\\hline\end{array}$$ The company estimates selling costs to be 4% of selling price, primarily for sales commissions.
Required:
Determine the amount of inventory write-down per product required, if any.