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. As Product Inventory Quantity Cost Per Market Value per Unit Unit (Net Realizable Value) Class 1: Model A 32 $259 $259 Model B 41 187 194 Model C 31 177 182 Class 2: < Model D 31 111 107 Model E 47 54 67 a. Determine the value of the inventory at the lower of cost or market applied to each item in the inventor Inventory at the Lower of Cost or Market Inventory Cost Market Value per Unit Cost Market Lower of Cost or M Quantity per Unit (Net Realizable Value) Product Model A Model B. Model C Model D