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

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Exercise 6-10 Lower of cost or market LO P2 Martinez Company's ending inventory inciudes the following items. Cost per Market per Product Units Unit Helmets 39 Unit 57 85 102 43 $61 79 32 53 Shoes Uniforms 57 43 Compute the lower of cost or market for ending inventory applied separately to each prod LCM ventory Units Cost Market Cost Market Applied to Helmets Bats Shoes 32 79 5398 57 43 85 102 43

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