Assignment print view 5 9

5/28/2021Assignment Print ViewScore:90/90Points100%…1/35/28/20219.Assignment Print ViewAward: 10 out of 10.00 pointsAmes Trading Co. has the following products in its ending inventory.ProductMountain bikesSkateboardsGlidersQuantity302612Cost per Unit$ 700230870Market per Unit$ 650260830Compute lower of cost or market for inventory applied separately to each product.Per UnitInventory ItemsUnitsCostMarketMountain bikes30$ 700Skateboards26230Gliders12870$LCM appliedtoeachproductTotalCost650260830Market$21,0005,980$ 19,500$ 19,5006,7605,98010,4409,9609,960$37,420$ 36,220$ 35,4 … Purchase document to see full attachment

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