On the basis of the data shown below: Item Raven 10 Dove 23 Inventory Quantity 1,700 9,200 Cost per Unit $163 24 Market Value per Unit (Net Realizable Value) $159 30 Determine the value of the inventory at the lower of cost or market. Apply lower of cost or market to each inventory item, as shown in Exhibit 9.

On the basis of the data shown belaw: Determine the value of the imventery as the lawer of cost or marvet. Appir lower of cost or markot to each inventorv item, as shown in Ekhibit 9 . 1