QS 5-19 Applying LCM to inventories LO P2 Ames Trading Co. has the following products in its ending inventory. Product Mountain bikes Skateboards Quantity Cost per Unit Market per Unit 11 $ 600 $ 550 Gliders 13 26 350 800 425 700 Compute lower of cost or market for inventory applied separately to each product. Per Unit Total LCM applied to Inventory Items Units Cost Market Cost Market each product Mountain bikes Skateboards Gliders