30s 0:41 10:41 1x CC Knowledge Check 01 A company has the following per unit recorded cost and replacement cost relating to its inventory: Item 1 Item 2 Item 3 5 units 7 units 9 units Cost $50 Cost $60 Cost $30 Market $45 Market $65 Market $25 Applying the lower of cost or market method, the reported value of this company's ending inventory if LCM is appli items is O $870 O $905 O $920 O $940 Prey 20 21 of 32 Next rch CD acer