Answer:
Product      Units      Cost per Unit     Market per Unit
Helmets     25          $53             $57
Bats         18           $81             $75
Shoes       39          $98             $94
Uniforms     43          $39             $39
when the lower of cost or market rule is used to determine the ending inventory, you must choose the which is lower, the purchase cost or the market value (reposition cost). In this case, the purchase cost is lower for helmets and uniforms, but the market cost is lower for bats and shoes.
ending inventory:
Product      Units        LCM         Total
Helmets     25          $53         $1,325        Â
Bats         18           $75         $1,350
Shoes       39          $94         $3,666
Uniforms     43          $39         $1,677
Total                                $8,018
