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. Inventory Quantity Cost Per Unit Market Value per Unit (Net Realizable Value) Product Class 1: Model A 43 $148 $165 20 114 124 Model B Model 40 273 295 Class 2: Model D 16 284 298 Model E 22 203 213 a. Determine the value of the inventory at the lower of cost or market applied to each item in the inventory. Inventory at the lower of Cost or Market Market Value Cost per Unit per Unit (Net Realizable Value) Cost Market Inventory Quantity Lower of Cost or Market Product Check My Work 2 more Check My Work uses remaining