Martinez Companys ending inventory includes the following items.

Compute the lower of cost or market for ending inventory applied separately to each product.

Martinez Company's ending inventory includes the following items. Market per Unit $ 60 Product Helmets Bats Shoes Uniforms Units Cost per Unit 28 $ 56 84 101 42 Compute the lower of cost or market for ending inventory applied separately to each product. Per Unit T otal Inventory Items Units Cost Market Cost Market LCM Applied to Items Helmets $ $ Bats 28 21 42 56 84 101 60 78 97 Shoes Uniforms S 0S 0