On the basis of the following data, determine the value of the inventory at the lower of cost or market. Assemble the d Inventory Quantity Cost Per Unit Market value per Unit (Net Realizable Value) ci Determine the value of the inventory at the lower of cost or market applied to total inventory Product Class 1: Model A Model Model Class 2: Model Model E 16 15 16 107 226 $200 121 226 48 166 171 36 260 236 Inventory at the Lower of Cost or Market 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 Castor Market Market Lower of Castor Market per Unit Cost Market Lower of Cost or Market Market value Inventory Cost per Unit Product Quantity per Unit (Not Realizable Value) Model A + Model B Model Model Model E Market Value Inventory cost Quantity per Unit (Net Realizable Value) Product Model A $ Total b. Determine the value of the inventory at the lower of cost or market applied to each class of inventory. Model B Model C Inventory at the Lower of Cost or Market Market value per Unit (Net Realizable Value) Cost per Unit Cost Market Lower of Cost or Market Model D Inventory Product Quantity Class 11 Model A Model Modelo Subtotal 389 Model E $ # Total Model Model E Subtotal Total # $