tomin-if-ceet or market imveritary On the bass of the following data, determine the value of the inventory at the fower of cost or market. Assemble the data in the form ilustrated in Eatiot 10 . a. Determine the value of the inventiory at the lower of cost or markdnytoplied to each item in the inventory. b. Determine the value of the inventory at the lower of cost or market applied to each class of inventory. value for Class 1 and Class 2 that wil be used to determine the total hewer d cost of market. C. Determine the value of the inventory at the lower af cout or market apoled to total imentary. velue for Class 1 and Class 2 that will be used to determine the fotal loner of cost or maket. c. Determine the value of the imventory at the lower of cost or market acolied to total invertory: routs