Ames Trading Company has the following products in its ending inventory. Product Mountain bikes Skateboards Gliders Inventory Items Quantity 14 Mountain bikes Skateboards Gliders 15 20 Cost per Unit Units $ 630 340 870 Compute lower of cost or market for inventory applied separately to each product. Market per Unit Per Unit Cost Market 69 $ 69 $ 580 410 830 Cost 20 2005 Total O 00 0 $ 2255 $ Market - 0 0 0 O 10 LCM applied to each product 0

Ames Trading Company has the following products in its ending inventory. Compute lower of cost or market for inventory applied separately to each product