2.000 units of its Stain Resistant model in yen $230. What is the reversal of the inventory write-down, if any? Assume the company uses FIFO. Lower of Cost or Market. Sarat Boot Company manufactures two types of boots-rain boots and snow boots. Information related to both products is presented in the following table. Normal Profit Margin Cost Group Rain Snow Current Replacement Cost Selling Price Disposal Costs $70 $95 $24 84 110 24 $12 $60 15 93 Determine the ending inventory value per unit using the lower-of-cost-or-market rule assuming that Sarat Boot uses LIFO for costing purposes and the group-by-group approach to LCM