Lower-Of-Cost-Or-Market. Determine the Proper Unit Inventory Price in the Following Independent
Lower-of-cost-or-market.
Determine the proper unit inventory price in the following independent cases by applying the lower of cost or market rule. Circle your choice. 
Definitions:
Floral Stalk
The stem or support of a flower, facilitating its connection to the rest of the plant.
Auxin
A class of plant hormones involved in various growth and behavioral processes in plant life cycles.
Stem Elongation
The process by which a plant's stem grows in length, often influenced by environmental conditions and hormonal signals.
Gravity Reception
The perception and response mechanism to gravity in organisms, helping them to maintain balance and orientation.
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