Test (201 Inventory Question 25 of 75 What is the proper application of the lower of cost or market to O Apply the method to the inventory as a whole. O Apply the method to each i item in inventory Apply the method to the average cost of items in inventory Apply the method to the items of inventory that exceed the average cost of Mark for follow up Question 26 of 75. Joyce operates a computer store. Which of the following should be included in her inventoryp O General office supplies. O Goods sold for which tifle has passed to the buyer. O Goods consigned to the client. Goods held for sale away from the place of business. Mark for follow up rn Later Summary Next Save / Return Later Back