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. Assemb Inventory Quantity Cost Per Unit Market Value per Unit (Net Realizable Value) Product Class 1: Model A 300 $140 $125 Model B 500 90 112 Model C 150 60 59 Class 2: Model D 800 120 115 Model E 400 140 145 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 Cost Market Lower of Cost or Marke Market Value Inventory Cost per Unit Quantity per Unit (Net Realizable Value) Product Model A ASE Model B Check My Work 10 more Check My Work uses remaining. Assignment Score: 21.31% All work sa eBook U Show Me How Print Item e the value of the inventory at the lower of cost or market. Assemble the data in the form illustrated in Exhibit t Per nit Market Value per Unit (Net Realizable Value) $140 $125 90 112 60 59 120 115 140 145 t the lower of cost or market applied to each item in the inventory. ory at the Lower of Cost or Market Market Value per Unit Realizable Value) Cost Market Lower of Cost or Market S88 s remaining. All work saved. 6 - Homework - Inventories eBook 1 Show Me How Print Item Inventory at the Lower of Cost or Market per Unit Cost Market Lower of Cost or Market Value Inventory Cost oduct Quantity per Unit (Net Realizable Value) del A del B del C del D odel E tal Determine the value of the inventory at the lower of cost or market applied to each class of inventory. Inventory at the Lower of Cost or Market Market Value Inventory Cost per Unit Quantity per Unit (Net Realizable Value) Cost Market Lower of Cost Product Class 1: Model A Model B eck My Work 10 more Check My Work uses remaining. Chapter 6 - Homework - Inventories eBook Show Me How Inventory at the Lower of Cost or Market Market Value Inventory Cost Quantity per Unit (Net Realizable Value) Product per Unit Cost Market Lowe Model A Model B Model C Model D 88 Model E Total b. Determine the value of the inventory at the lower of cost or market applied to each class Inventory at the Lower of Cost or Market Market Value Inventory Cost per Unit Quantity per Unit (Net Realizable Value) Cost Market L Product Class 1: Model A Model B Check My Work 10 more Check My Work uses remaining. apter 6 - Homework - Inventories eBook 11 Show Me How Inventory at the Lower of Cost or Market Market Value Inventory Cost Quantity per Unit (Net Realizable Value) per Unit Cost Market Product Class 1: Model A Model B Model C Subtotal 100 Il 101 Class 2: 0100 000 JO0 000 Model D 383 Model E Subtotal Total c. Determine the value of the inventory at the lower of cost or market applied to total invent Inventory at the Lower of Cost or Market Melalui Dries eBook I Show Me How Print Item Inventory at the Lower of Cost or Market Market Value Cost Unit (Net Realizable Value) per Unit Cost Market Lower of Cost or Market 38 3 8 10 98 0000 ventory at the lower of cost or market applied to total inventory. Inventory at the Lower of Cost or Market B.V.lica Class 2: Model D 888 Model E Subtotal Total c. Determine the value of the inventory at the lower of cost or market applied to total inventom Inventory at the Lower of Cost or Market Market Value per Unit Cost Market Lov (Net Realizable Value) Inventory Costper Unit Quantity Product Model A Model B Model C Model D Model E Total Check My Work 10 more Check My Work uses remaining. 00 ry at the lower of cost or market applied to total inventory. nventory at the Lower of Cost or Market Market Value it per Unit Cost Market Lower of Cost or Market A (Net Realizable Value) uses remaining