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Exercise 5-10 Lower of cost or market LO P2 Martinez Company's ending inventory includes the following items Per Unit Product Helmets Bats Shoes Uniforms Units
Exercise 5-10 Lower of cost or market LO P2 Martinez Company's ending inventory includes the following items Per Unit Product Helmets Bats Shoes Uniforms Units Cost Market 29 $ 57 $ 6 43 47 85 102 43 79 98 43 Required Compute the lower of cost or market for ending inventory applied separately to each product. er Unit Total LCM applied to: Products Product Units Cost Market Cost Market Helmets Bats Shoes Uniforms 29 $ 57 61 85 102 43 79 98 43 43 47 0
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