Lower-of-Cost-or-Market Method

On the basis of the following data, determine the value of the inventory at the lower-of-cost-or-market by applying lower-of-cost-or-market to each inventory item

Item Inventory Quantity Cost per Unit Market Value per Unit (Net Realizable Value)

JFW1 112 $32 $36

SAW9 234 16 11

Could I have a step by step of how to determine the value of the inventory at the lower of cost or market by applying lower of cost or market to each inventory item?