QS $5-23($Algo$)$ Applying LCM to inventories LO P$2$

Ames Trading Company has the following products in its ending inventory.

$\backslash$table$[[$Product$,$Quantity,$\backslash$table$[[$Cost per$],[$Unit$]],\backslash$table$[[$Market per$],[$Unit$]]],[$Mountain bikes,$11,$$$730,$$$700$