Chapter 5 Assessment Martinez Company's ending Inventory includes the following items. 6 Product Helmets Bats Shoes Uniforms Units 28 21 42 46 Cost per Unit $ 56 84 101 42 Market per Unit $ 60 78 97 42 8.33 points Compute the lower of cost or market for ending Inventory applied separately to each product. 00:33:41 Per Unit Total Inventory Items Units Cost Markel Market Cost LCM Applied to Items Helmets 28 $ 60 $ 56 84 Bats 21 78 Shoes 42 101 97 Uniforms 46 42 42 2. Which method ylelds the highest net Income? O LIFO O FIFO O Weighted average O Specific Identification