On the basis of the following data:

Product

Inventory

Quantity

Cost per

Unit

Market Value per Unit

$($Net Realizable Value$)$

Model A $12$ $$270$ $$283$

Model B $26272250$

Model C $49217240$

Model D $16189171$

Model E $15201182$

Determine the value of the inventory at the lower of cost or market. Assemble the data in the form illustrated in Exhibit $9.$

blank

Inventory at the Lower of Cost or Market

blank

Product Total Cost Total Market Lower of Total Cost or Total Market

A $fill in the blank $1$

$fill in the blank $2$

$fill in the blank $3$

B fill in the blank $4$

fill in the blank $5$

fill in the blank $6$

C fill in the blank $7$

fill in the blank $8$

fill in the blank $9$

D fill in the blank $10$

fill in the blank $11$

fill in the blank $12$

E fill in the blank $13$

fill in the blank $14$

fill in the blank $15$

Total $fill in the blank $16$

$fill in the blank $17$

$fill in the blank $18$