Lower-of-Cost-or-Market Inventory On the basis of the following data: Inventory Product Quantity Model A Model B Cost per Market Value per Unit (Net Realizable Value) Unit 19 $216 $196 9 233 224 Model 24 123 124 Model D 12 268 264 29 237 225 Model E Determine the value of the inventory at the lower of cost or market. Assemble the data in the form illustrated in Exhibit 9. Inventory at the Lower of Cost or Market Product Total Cost Total Market Lower of Total Cost or Total Market A B c D E Total