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Exercise 6-10 Lower of cost or market LO P2 Martinez Company's ending inventory includes the following items Product Units Cost per Unit Helmets Bats Shoes

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Exercise 6-10 Lower of cost or market LO P2 Martinez Company's ending inventory includes the following items Product Units Cost per Unit Helmets Bats Shoes Uniforms Market per Unit $ 56 $ 52 80 97 38 17 93 38 Compute the lower of cost or market for ending inventory applied separately to each product. Per Unit otal LCM Applied to Items Market Inventory Items Units Cost MarketCost Helmets Bats Shoes Uniforms 17 38 42 24 S 52$ 56 80 97 38 74 93 38

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