15. + The Twinkster Company has six different categories of inventory. Quantity, cost, market value for each inventory category is shown below: Items Quantity Cost Per Units Market Values Per Unita 10 7500 $6.300 $6.2500 20 8000 $8.450 $10.000 30 545 $13.000 $11.500 40 3250 $32.450 $30.000 50 1250 $50.750 $S2.6000 60 250 $65.000 $70.0000 - The company carries inventory at lower-of-cost-or-market applied to each individual category." - Required: + *) Determined the value of ending inventory after applying the lower-of-cost-or-market rule (b) Prepare the journal entry required to adjust inventory