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 Product Inventory Quantity Cost Per Unit Market Value per Unit (Net Realizable Value) Class 1 Model A 22 $65 $42 Model B 29 223 214 Model C 15 122 114 Class 2 Model D 45 160 168 Model E 28 231 228 a Determine the value of the inventory at the lower of cost or market applied to each item in the inventory Inventory at the Lower of Cost or Market Product Inventory Quantity Cost per Unit Market Value per Unit (Net Realizable Value) Cost Market Lower of Cost or Market Model A fill in the blank 052972fce06cfb5 1 $fill in the blank 052972fce06cfb5 2 $fill in the blank 052972fce06cfb5 3 $fill in the blank 052972fce06cfb5 4 $fill in the blank 052972fce06cfb5 5 $fill in the blank 052972fce06cfb5 6 Model B fill in the blank 052972fce06cfb5 7 fill in the blank 052972fce06cfb5 8 fill in the blank 052972fce06cfb5 9 fill in the blank 052972fce06cfb5 10 fill in the blank 052972fce06cfb5 11 fill in the blank 052972fce06cfb5 12 Model C fill in the blank 052972fce06cfb5 13 fill in the blank 052972fce06cfb5 14 fill in the blank 052972fce06cfb5 15 fill in the blank 052972fce06cfb5 16 fill in the blank 052972fce06cfb5 17 fill in the blank 052972fce06cfb5 18 Model D fill in the blank 052972fce06cfb5 19 fill in the blank 052972fce06cfb5 20 fill in the blank 052972fce06cfb5 21 fill in the blank 052972fce06cfb5 22 fill in the blank 052972fce06cfb5 23 fill in the blank 052972fce06cfb5 24 Model E fill in the blank 052972fce06cfb5 25 fill in the blank 052972fce06cfb5 26 fill in the blank 052972fce06cfb5 27 fill in the blank 052972fce06cfb5 28 fill in the blank 052972fce06cfb5 29 fill in the blank 052972fce06cfb5 30 Total $fill in the blank 052972fce06cfb5 31 $fill in the blank 052972fce06cfb5 32 $fill in the blank 052972fce06cfb5 33 b Determine the value of the inventory at the lower of cost or market applied to each class of inventory Inventory at the Lower of Cost or Market Product Inventory Quantity Cost per Unit Market Value per Unit (Net Realizable Value) Cost Market Lower of Cost or Market Class 1 Model A fill in the blank e73bdc00a01306f 1 $fill in the blank e73bdc00a01306f 2 $fill in the blank e73bdc00a01306f 3 $fill in the blank e73bdc00a01306f 4 $fill in the blank e73bdc00a01306f 5 Model B fill in the blank e73bdc00a01306f 6 fill in the blank e73bdc00a01306f 7 fill in the blank e73bdc00a01306f 8 fill in the blank e73bdc00a01306f 9 fill in the blank e73bdc00a01306f 10 Model C fill in the blank e73bdc00a01306f 11 fill in the blank e73bdc00a01306f 12 fill in the blank e73bdc00a01306f 13 fill in the blank e73bdc00a01306f 14 fill in the blank e73bdc00a01306f 15 Subtotal $fill in the blank e73bdc00a01306f 16 $fill in the blank e73bdc00a01306f 17 $fill in the blank e73bdc00a01306f 18 Class 2 Model D fill in the blank e73bdc00a01306f 20 fill in the blank e73bdc00a01306f 21 $fill in the blank e73bdc00a01306f 22 $fill in the blank e73bdc00a01306f 23 Model E fill in the blank e73bdc00a01306f 24 fill in the blank e73bdc00a01306f 25 fill in the blank e73bdc00a01306f 26 fill in the blank e73bdc00a01306f 27 fill in the blank e73bdc00a01306f 28 Subtotal $fill in the blank e73bdc00a01306f 29 $fill in the blank e73bdc00a01306f 30 fill in the blank e73bdc00a01306f 31 Total $fill in the blank e73bdc00a01306f 32 $fill in the blank e73bdc00a01306f 33 $fill in the blank e73bdc00a01306f 34 c Determine the value of the inventory at the lower of cost or market applied to total inventory Inventory at the Lower of Cost or Market Product Inventory Quantity Cost per Unit Market Value per Unit (Net Realizable Value) Cost Market Lower of Cost or Market Model A fill in the blank 59f459063fff07d 1 $fill in the blank 59f459063fff07d 2 $fill in the blank 59f459063fff07d 3 $fill in the blank 59f459063fff07d 4 $fill in the blank 59f459063fff07d 5 Model B fill in the blank 59f459063fff07d 6 fill in the blank 59f459063fff07d 7 fill in the blank 59f459063fff07d 8 fill in the blank 59f459063fff07d 9 fill in the blank 59f459063fff07d 10 Model C fill in the blank 59f459063fff07d 11 fill in the blank 59f459063fff07d 12 fill in the blank 59f459063fff07d 13 fill in the blank 59f459063fff07d 14 fill in the blank 59f459063fff07d 15 Model D fill in the blank 59f459063fff07d 16 fill in the blank 59f459063fff07d 17 fill in the blank 59f459063fff07d 18 fill in the blank 59f459063fff07d 19 fill in the blank 59f459063fff07d 20 Model E fill in the blank 59f459063fff07d 21 fill in the blank 59f459063fff07d 22 fill in the blank 59f459063fff07d 23 fill in the blank 59f459063fff07d 24 fill in the blank 59f459063fff07d 25 Total $fill in the blank 59f459063fff07d 26 $fill in the blank 59f459063fff07d 27 $fill in the blank 59f459063fff07d 28

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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

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.

Product	Inventory Quantity	Cost Per Unit	Market Value per Unit (Net Realizable Value)
Class 1:
Model A	22	$65	$42
Model B	29	223	214
Model C	15	122	114
Class 2:
Model D	45	160	168
Model E	28	231	228

a. Determine the value of the inventory at the lower of cost or market applied to each item in the inventory.

Inventory at the Lower of Cost or Market
Product	Inventory Quantity	Cost per Unit	Market Value per Unit (Net Realizable Value)	Cost	Market	Lower of Cost or Market
Model A	fill in the blank 052972fce06cfb5_1	$fill in the blank 052972fce06cfb5_2	$fill in the blank 052972fce06cfb5_3	$fill in the blank 052972fce06cfb5_4	$fill in the blank 052972fce06cfb5_5	$fill in the blank 052972fce06cfb5_6
Model B	fill in the blank 052972fce06cfb5_7	fill in the blank 052972fce06cfb5_8	fill in the blank 052972fce06cfb5_9	fill in the blank 052972fce06cfb5_10	fill in the blank 052972fce06cfb5_11	fill in the blank 052972fce06cfb5_12
Model C	fill in the blank 052972fce06cfb5_13	fill in the blank 052972fce06cfb5_14	fill in the blank 052972fce06cfb5_15	fill in the blank 052972fce06cfb5_16	fill in the blank 052972fce06cfb5_17	fill in the blank 052972fce06cfb5_18
Model D	fill in the blank 052972fce06cfb5_19	fill in the blank 052972fce06cfb5_20	fill in the blank 052972fce06cfb5_21	fill in the blank 052972fce06cfb5_22	fill in the blank 052972fce06cfb5_23	fill in the blank 052972fce06cfb5_24
Model E	fill in the blank 052972fce06cfb5_25	fill in the blank 052972fce06cfb5_26	fill in the blank 052972fce06cfb5_27	fill in the blank 052972fce06cfb5_28	fill in the blank 052972fce06cfb5_29	fill in the blank 052972fce06cfb5_30
Total				$fill in the blank 052972fce06cfb5_31	$fill in the blank 052972fce06cfb5_32	$fill in the blank 052972fce06cfb5_33

b. Determine the value of the inventory at the lower of cost or market applied to each class of inventory.

Inventory at the Lower of Cost or Market
Product	Inventory Quantity	Cost per Unit	Market Value per Unit (Net Realizable Value)	Cost	Market	Lower of Cost or Market
Class 1:
Model A	fill in the blank e73bdc00a01306f_1	$fill in the blank e73bdc00a01306f_2	$fill in the blank e73bdc00a01306f_3	$fill in the blank e73bdc00a01306f_4	$fill in the blank e73bdc00a01306f_5
Model B	fill in the blank e73bdc00a01306f_6	fill in the blank e73bdc00a01306f_7	fill in the blank e73bdc00a01306f_8	fill in the blank e73bdc00a01306f_9	fill in the blank e73bdc00a01306f_10
Model C	fill in the blank e73bdc00a01306f_11	fill in the blank e73bdc00a01306f_12	fill in the blank e73bdc00a01306f_13	fill in the blank e73bdc00a01306f_14	fill in the blank e73bdc00a01306f_15
Subtotal				$fill in the blank e73bdc00a01306f_16	$fill in the blank e73bdc00a01306f_17	$fill in the blank e73bdc00a01306f_18
Class 2:
Model D		fill in the blank e73bdc00a01306f_20	fill in the blank e73bdc00a01306f_21	$fill in the blank e73bdc00a01306f_22	$fill in the blank e73bdc00a01306f_23
Model E	fill in the blank e73bdc00a01306f_24	fill in the blank e73bdc00a01306f_25	fill in the blank e73bdc00a01306f_26	fill in the blank e73bdc00a01306f_27	fill in the blank e73bdc00a01306f_28
Subtotal				$fill in the blank e73bdc00a01306f_29	$fill in the blank e73bdc00a01306f_30	fill in the blank e73bdc00a01306f_31
Total				$fill in the blank e73bdc00a01306f_32	$fill in the blank e73bdc00a01306f_33	$fill in the blank e73bdc00a01306f_34

c. Determine the value of the inventory at the lower of cost or market applied to total inventory.

Inventory at the Lower of Cost or Market
Product	Inventory Quantity	Cost per Unit	Market Value per Unit (Net Realizable Value)	Cost	Market	Lower of Cost or Market
Model A	fill in the blank 59f459063fff07d_1	$fill in the blank 59f459063fff07d_2	$fill in the blank 59f459063fff07d_3	$fill in the blank 59f459063fff07d_4	$fill in the blank 59f459063fff07d_5
Model B	fill in the blank 59f459063fff07d_6	fill in the blank 59f459063fff07d_7	fill in the blank 59f459063fff07d_8	fill in the blank 59f459063fff07d_9	fill in the blank 59f459063fff07d_10
Model C	fill in the blank 59f459063fff07d_11	fill in the blank 59f459063fff07d_12	fill in the blank 59f459063fff07d_13	fill in the blank 59f459063fff07d_14	fill in the blank 59f459063fff07d_15
Model D	fill in the blank 59f459063fff07d_16	fill in the blank 59f459063fff07d_17	fill in the blank 59f459063fff07d_18	fill in the blank 59f459063fff07d_19	fill in the blank 59f459063fff07d_20
Model E	fill in the blank 59f459063fff07d_21	fill in the blank 59f459063fff07d_22	fill in the blank 59f459063fff07d_23	fill in the blank 59f459063fff07d_24	fill in the blank 59f459063fff07d_25
Total				$fill in the blank 59f459063fff07d_26	$fill in the blank 59f459063fff07d_27	$fill in the blank 59f459063fff07d_28