eBook Lower-of-Cost-or-Market Inventory Data on the physical inventory of Ashwood Products Company as of December 31 follow: Inventory Market Value per Unit (Net Description Quantity Realizable Value) B12 38 $ 57 E41 18 180 G19 33 126 L88 18 550 N94 400 7 P24 90 18 R66 8 250 T33 140 20 216 15 752 Quantity and cost data from the last purchases invoice of the year and the next-to-the-last purchases invoice are summari Last Next-to-the-Last Purchases Invoice Purchases Invoice Quantity Unit Quantity Unit Description Purchased Cost Purchased Cost B12 30 $ 60 30 559 E41 178 20 180 35 G19 20 128 25 129 L88 10 563 10 560 N94 500 B 500 7 P24 BO 22 50 21 R66 5 248 4 260 T33 100 21 100 19 216 10 750 9 745 Check My Work