On april 1, robert llc purchased two units of inventory, a and b. the cost of unit a was $665, and the cost of unit b was $580. on april 30, robert llc had not sold the inventory. the market value of unit a was now $680 while the market value of unit b was $495. the adjustment associated with the lower-of-cost-or-market method on april 30 will be:

Unit A - $665

Unit B - $495

Explanation:

According to the accounting principles, the inventory is valued at cost or market value whichever is lower.

So, in the given case

The inventory cost of unit A should be recorded at $665 cost value because it is a lower value than the market value i.e. $680

And, The inventory cost of unit B should be recorded at $495 market value  because it is a lower value than the historical cost i.e. $580

answer; blank (1) hrm specialists,blank(2); line managers;

answer; synthetic production system;