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Problem 6-5A Lower of cost or market LO P2 A physical inventory of Liverpool Company taken at December 31 reveals the following Per Unit Item

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Problem 6-5A Lower of cost or market LO P2 A physical inventory of Liverpool Company taken at December 31 reveals the following Per Unit Item Car audio equipment Units Cost Market Speakers Stereos Amplifiers Subwoofers 337 252 318 196 92 $100 102 97 43 113 54 Security equipment 472 Alarms Locks Cameras 283 204 152 95 312 127 86 324 Binocular equipment Tripods Stabilizers 86 107 72 162

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