Determine the value of the inventory at the lower of cost or market, assuming LCM is applied individually to each item. Market Value per Unit (Net Realizable Value) $30 30 Item S T a. $84 O b. $12 O c. $42 O d. $108 Inventory Quantity 2 1 cost per Unit $39 24

Determine the value of the inventory at the lower of cost or market, assuming LCM is applied individually to each item. a. $84 b. $12 C. $42 d. $108