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its multiple choice Ames Trading Co. has the following products in its ending inventory. Compare the lower of cost or market for inventory applied separately

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Ames Trading Co. has the following products in its ending inventory. Compare the lower of cost or market for inventory applied separately to each product. Product Quantity Cost per Unit Market per Unit Mountain bikes $ 600 550 Skateboards 13 $ 350 $ 425 Gliders 26 $ 800 $ 700 11 Should the cost or market be used for Gliders using the lower of cost or market method of valuing ending inventory? Should the cost or market be used for Gliders using the lower of cost or market method of valuing ending inventory? Select one: A. LIFO B. FIFO C. Muppets D. Market

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