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 10. Product Inventory Quantity Cost Per Market Value per Unit Unit (Net Realizable Value) Class 1: Model A 27 $69 $47 Model B 31 79 100 Model C 46 260 251 Class 2: Model D 37 188 181 Model E 32 280 301 a. Determine the value of the inventory at the lower of cost or market applied to each item in the inventory.