Presented below is information related to Buffalo Inc.'s inventory, assuming Buffalo uses lower-of-LIFO cost-or-market. The two limits to market value (ie., the ceiling and the floor) that should be used in the lower-of-cost-or-market computation for skis. The cost amount that should be used in the lower-of-cost-or-market comparison of boots. The market amount that should be used to value parkas on the basis of the lower-of-cost-on-market