Lower of Cost-or-Market Inventory On the basis of the following data, determine the value of the inventory at the lower of cost or market. Assemble the data in the form illustrated in Exhibit 9. Cost per Inventory Item Inventory Quantity Market Value per Unit (Net Realizable Value) Unit Birch 26 $241 $261 Cypress 32 44 35 Mountain Ash 10 157 180 Spruce 26 224 209 Willow 25 268 254