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rket (LOM) method for priding ending Inventory can be applied using 0 A, either the unit, class, or total Inventory basis. OB, either the unit

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rket (LOM) method for priding ending Inventory can be applied using 0 A, either the unit, class, or total Inventory basis. OB, either the unit or the class basis. either the dass or the total inventory basis. OD. either the unt or the total Inventory bass. QUESTION 6 Given the following data, what is the cost of the inventory using the lower-of tems? method applied to individual ItemQuantity Unit Cost $3.00 $4.00 $4.50 $3.50 Unit Market Price $3.20 $4.00 $4.20 $3.60 1,000 OA $10,720 B. $ 10,700 DC $10,520 D. $10,900 QUESTION 7 using: Items of high value with unique characteristics (and/or serial numbers) often are OA. specific identification. |B weighted-average C irst-in, first-out (FIFO)

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