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. Martinez Company's ending inventory includes the following items. Units Cost per Unit $60 Market per Unit $ 64 Product Helmets 32 Bats 25 114
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Martinez Company's ending inventory includes the following items. Units Cost per Unit $60 Market per Unit $ 64 Product Helmets 32 Bats 25 114 82 105 Shoes 46 101 Uniforms 50 46 46 Compute the lower of cost or market for ending inventory applied separately to each product Per Unit Total LCM Applied |Inventory Items Units Cost Market Cost Market to Items 60$ 32$ Helmets 64 Bats 25 114 82 Shoes 46 105 101 Uniforms 46 46 $ 0 $ EA 50Step by Step Solution
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