Ames Trading Co. has the following products in its ending Inventory. Product Mountain bikes Skateboards Gliders Quantity 12 22 Cost per Unit $ 580 330 960 Market per Unit $ 510 370 910 12 Compute lower of cost or market for Inventory applied separately to each product. Per Unit Total LCM applied to Units COSE Market cost Market each product 12 $ 580 610 6.960 S 6.120 Inventory Items Mountain bikes Skateboards Gliders 22 330 370 7 260 8.140 12 980 910 11.520 10.920 $ 25, 180 $ 25.740 A