Crane 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 $132 $121 $105 $99 $121 $99 cost 83 88 88 88 55 40 cost to complete 33 33 28 39 33 33 selling costs 11 20 11 22 11 22 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 $

Yang corporation starts a foreign subsidiary on january 1 by investing 20,000 rand. yang owns all of the shares of the subsidiary’s common stock. the foreign subsidiary generates 40,000 rand of net income throughout the year and pays no dividends. the rand is the foreign subsidiary’s functional currency. currency exchange rates for 1 rand are as follows: lo 10-3 january $0.25 = 1 rand average for the 0.28 = 1 december 0.31 = 1 in preparing consolidated financial statements, what translation adjustment will yang report at the end of the current year? a. $400 positive (credit). b. $1,000 positive (credit). c. $1,400 positive (credit). d. $2,400 positive (credit). hoyle, joe ben; hoyle, joe ben. advanced accounting (page 513). mcgraw-hill higher education. kindle edition.