Exercise 5-16 (Algo) Lower of cost or market LO P2 Martinez Company's ending inventory includes the following items. Product Helmets Bats Shoes Uniforms Units 28 21 42 46 Cost per Unit $ 56 84 101 42 Market per Unit $ 60 78 97 42 Compute the lower of cost or market for ending inventory applied separately to each p Per Unit Total Inventory Items Units LCM Applied to Items Cost Market Cost Market Helmets 28 $ 56 $ 60 Bats 21 84 78 Shoes 42 101 97 Uniforms 46 42 42