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Martinez Company's ending inventory includes the following items. Compute the lower of cost or market for ending inventory applied separately to each product. Per Unit

Martinez Company's ending inventory includes the following items. Compute the lower of cost or market for ending inventory applied separately to each product.

Per Unit

Total

Inventory Items

Units

Cost

Market

Cost

Market

LCM Applied to Items

Helmets

28

$56

$60

Bats

21

84

78

Shoes

42

101

97

Uniforms

46

42

42

$0

$0

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