Exercise 6-16 Lower of cost or market P2 Martinez Company's ending inventory includes the following items. Compute the lower of cost or market for ending inventory applied separately to each product. Product Units Cost per Unit Market per Unit Helmets...... 24 $50 $54 Bats..... 17 78 72 Shoes. 38 95 91 Uniforms... 42 36 36 Check LCM = $7,394