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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

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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 Bats Shoes Uniforms 15 36 40 s 50 78 95 54 72 91 36 Compute the lower of costor marke fr ending inventary applied separately to ead Total LCM Applied to Items Inventory Items Units Cost Market Cost Market Helmets Bats 22 50 54 15 36 40 78 95 9 36 72 36

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