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    gdblssng Posts: 1, Reputation: 1
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    Nov 5, 2006, 03:03 PM
    lower of cost or market
    I have a question I am trying to do group lower or cost or market.
    I have a group of 2, product C & D.

    C has 150 units at $5.00 cost/unit and $5.25 market/unit
    D has 100 units at $6.50 cost/unit and $6.40 market/unit

    I found the cost/unit for each, but I tried to find the market/unit and I couldn't for product D. Do you have any ideas for me?

    I tried multipling 100 x $6.40. Is that right or not?

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