OBJ.6 EX 7-15 Lower-of-cost-or-market inventory On the basis of the following data, determine the value of the inventory at the lower of cost or market. Assemble the data in the form illustrated in Exhibit 10. Commodity Inventory Quantity Cost per Unit Market Value per Unit (Net Realizable Value) Ash 80 $125 $140 Aspen 120 112 90 Beech 30 74 75 Maple 75 86 88 Oak 60 145 140