Per Unit Cost Market Units 0.9 points Skipped 341 256 322 200 $ 96 117 92 58 $104 106 101 47 Item Car audio equipment Speakers Stereos Amplifiers Subwoofers Security equipment Alarms Locks Cameras Binocular equipment Tripods Stabilizers 476 287 208 156 99 316 131 99 328 eBook 181 166 76 103 90 111 Print References Required: 1. Calculate the lower of cost or market for the inventory applied separately to each item. 2. If the market amount is less than the recorded cost of the inventory, then record the LCM adjustment to the Merchandise Inventory account. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the lower of cost or market for the inventory applied separately to each item. Per Unit Total LCM applied to: Individual Items Item Units Cost Market Cost Market 96 $ 341 $ 256 1041 106 117 322 92 101 200 58 47 Car audio equipment Speakers Stereos Amplifiers Subwoofers Security equipment Alarms Locks Cameras Binocular equipment Tripods Stabilizers Total 476 156 131 287 99 90 328 208 316 76 90 181 166 103 111