Lower-of-Cost-or-Market Method On the basis of the following data, determine the value of the inventory at the lower-of-cost-or-market by applying lower-of-cost-or-market to each inventory item, as shown in Exhibit 10. \table[[Item,Inventory Quantity,Cost per Unit,\table[[Market Value per Unit],[(Net Realizable Value)]]],[JFW1,84,
$47
,
$52