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should the cost of the market be used for skateboards using the lower of cost or market method of valuing ending inventory ? Ames Trading

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Ames Trading Co. has the following products in its ending inventory. Compare the lower of cost or market for inventory applied separately to each product. Product Quantity cost per Unit Market per Unit Skateboards 13 $ 350 $ 425 Gliders 26 $ 800 $ 700 Should the cost or market be used for skateboards using the lower of cost or market method of valuing ending inventory? Should the cost or market be used for skateboards using the lower of cost or market method of valuing ending inventory? Select one: A. Lysol and disinfectant B. Cost C. lift social distancing D. All of the above

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