Lower$-$of$-$Cost$-$or$-$Market Method

On the basis of the following data, determine the value of the inventory at the lower$-$of$-$cost$-$or$-$market by applying lower$-$of$-$cost$-$or$-$market to each inventory item, as shown in Exhibit $10.$

Item Inventory Quantity Cost per Unit Market Value per Unit

$($Net Realizable Value$)$

JFW$185$ $$50$ $$54$

SAW$91642623$

$fill in the blank $1$