Required information [The following information applies to the questions displayed below.] Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Activities Units Acquired at Cost 70 units Units Sold at Retail Date March 1 Beginning inventory $50.40 per unit March 5 Purchase 210 units $55.40 per unit March 9 Sales 230 units $85.40 per unit March 18 March 25 Purchase Purchase 70 units 120 units $60.40 per unit $62.40 per unit March 29 Sales Totals 470 units 100 units $95.40 per unit 330 units Martinez Company's ending inventory includes the following items. Units Cost per Unit Market per Product Helmets Bats 38 31 Shoes 52 56 $ 60 78 97 42 Unit $ 56 84 101 42 Uniforms Compute the lower of cost or market for ending inventory applied separately to each product. Per Unit Total LCM Applied to Inventory Items Units Cost Market Cost Market Items Helmets 38 $ 60 $ 56 Bats 31 78 84 Shoes 52 97 101 Uniforms 56 42 42 $ 0 $ 0