Exercise 5-16 (Algo) Lower of cost or market LO P2 Martinez Company's ending inventory includes the following items. Cost per Unit Market per Product Units Unit Helmets 40 $ 62 $ 58 Bats 33 80 112 Shoes 54 58 99 44 103 44 Uniforms Compute the lower of cost or market for ending inventory applied separately to each product. Per Unit Total LCM Applied to Inventory Items Units Items Cost Market Cost Market Helmets 40 SA $ 62 $ 58 Bats 33 80 112 Shoes 54 99 103 Uniforms 58 44 44