On the basis of the following data, determine the value of the inventory at the lower$-$of$-$cost$-$or$-$market by applying lower$-$of$-$cost$-$or$-$market to each inventory item, as shown in Exhibit $10.$

Item Inventory Quantity Cost per Unit Market Value per Unit

$($Net Realizable Value$)$

JFW$166$ $$43$ $$48$

SAW$91322217$

Lower$-$of$-$cost$-$or$-$market method

On the basis of the following data, determine the value of the inventory at the lower$-$of$-$cost$-$or$-$market by applying lower$-$of$-$cost$-$or$-$market to each inventory item, as shown in Exhibit $10.$

$\backslash$table$[[$Commodity$,\backslash$table$[[$Inventory$],[$Quantity$]],\backslash$table$[[$Cost per$],[$Unit$]],\backslash$table$[[$Market Value per Unit$],[($Net Realizable Value$)]]],[$JFW$1,95,$$$26,$$$31$

Lower$-$of$-$cost$-$or$-$market method

On the basis of the following data, determine the value of the inventory at the lower$-$of$-$cost$-$or$-$market by applying lower$-$of$-$cost$-$or$-$market to each inventory item, as shown in Exhibit $10.$

$\backslash$table$[[$Commodity$,\backslash$table$[[$Inventory$],[$Quantity$]],\backslash$table$[[$Cost per$],[$Unit$]],\backslash$table$[[$Market Value per Unit$],[($Net Realizable Value$)]]],[$JFW$1,95,$$$26,$$$31$