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 the 9 Inventory Inventory Cost per Market Value per Unit Item Q uantity Unit (Net Realizable Value) Birch Cypress 190 Mountain Ash Spruce Willow Inventory at the Lower of Cost or Market Inventory Item Total Cost Total Market Total Lower of Cor M Cypress Spruce Willow