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    mollymcgann Posts: 2, Reputation: 1
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    Oct 17, 2011, 10:26 PM
    Lower of cost or market
    Tanzy Company?s ending inventory includes the following items. Compute the lower of cost or market
    For ending inventory (a) as a whole and (b) applied separately to each product
    Per Unit
    Product Units Cost Market
    Helmets.. . 22 $50 $54
    Bats.. . 15 78 72
    Shoes.. . 36 95 91
    Uniforms.. . 40 36 36

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