Exercise 5-10 Lower of cost or market LO P2 Martinez Company's ending inventory includes the following items. Product Units Cost per Unit Market per Unit Helmets 39 $ 61 $ 57 Bats 32 79 85 Shoes 53 98 102 Uniforms 57 43 43 Compute the lower of cost or market for ending inventory applied separately to each product. Per Unit Total Inventory Items Units Cost Market Cost Market LCM Applied to Items 39 $ 61 $ 57 32 79 85 Helmets Bats Shoes Uniforms 98 102 53 57 . 43 43