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Martinez Company's ending inventory includes the following items. Product Units Cost per Unit Market per Unit Helmets 26 $ 54 $ 58 Bats 19 82
Martinez Company's ending inventory includes the following items.
Product | Units | Cost per Unit | Market per Unit | ||||||
Helmets | 26 | $ | 54 | $ | 58 | ||||
Bats | 19 | 82 | 76 | ||||||
Shoes | 40 | 99 | 95 | ||||||
Uniforms | 44 | 40 | 40 | ||||||
Compute the lower of cost or market for ending inventory applied separately to each product.
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