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a. Determine the value of the inventory at the lower of cost or market applied to each item in the inventory. b. Determine the value of the inventory at the fower of cost or market applied to each class of inventory. c. Determine the value of the inventory at the lower of cost or market applied to total inventory. 3 more Check My Work uses remaining Perpetual inventory using UFO Beginning inventory, purchases, and sales data for DVD players are as foliows: The business maintains a perpetual inventory system, costing by the last-in, first-out method. Determine the cost of goods sold for each sale and the inventory balance after each sale, presenting the data in the form alustrated in Exhibit 4. Under LFO, if unis are in inventory at two different costs, enter the units with yhe HIGkER unit cost first in the Cost of Goods Sold Unit Cost column and Lower unit cost first in the taventory Unit Cost column. Inventory at the Lower of Cost or Market c. Determine the value of the inventory at the lower of cost or market opplied to total inventory. Lower-of-cost-or-market inventory On the basis of the foliowing data, determine the value of the inventory at the lower of cost or market. Assemble the dota in the form illustrated in Exhibit 10 . a. Determine the value of the inventory at the lower of cost or market applied to each item in the inventory