ht ns C Lower-o1 Cost-01-Maikel Inventory On the basis of the following data, determine the value of the inventory at the lower of cost or market. Assembl Market Value per Unit (Net Realizable Value) Birch Cypress Mountain Ash Inventory Item Spruce Willow Birch Total Cypress Mountain Ash Spruce Willow Inventory Quantity 100 1000 75 80 130 60 Cost per Unit 000001 $125 100 Commodity Total Cost Total Market Total Lower of C or M 90 Inventory at the Lower of Cost or Market 74 105 1000000 $120 108 86 80 98

On the basis of the following data, determine the value of the inventory at the lower of cost or market. Assemb Inventory at the Lower of Cost or Market