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Ames Trading Company has the following products in its ending inventory Cost per Product Mountain bikes Skateboards Gliders Quantity 10 29 29 Unit $ 670

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Ames Trading Company has the following products in its ending inventory Cost per Product Mountain bikes Skateboards Gliders Quantity 10 29 29 Unit $ 670 220 830 Market per Unit $ 630 270 800 Compute lower of cost or market for inventory applied separately to each product. Total Inventory Items Units LCM applied to each product Per Unit Cost Market Cost Market Mountain bikes Skateboards Gliders

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