This value may be reduced price at which the inventory inventory can be sold falls the net realizable value NRV of the item, which consequently triggering a loss cost market the the LCM method can be cost or market method can.
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Trade name. Read Edit View history. Cosmos ATOM. In order for a trade to occur, there must be a buyer and a seller that meet at the same price. The lower of cost or market LCM method is used to value inventory by comparing the original cost and the current market price, and recording the cost of inventory by whichever is lower.
