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1 10 points eBook Print References Showtime Company's ending inventory at December 31, 2023, includes the following items: Net Realizable Value Per Unit $120 143

1 10 points eBook Print References Showtime Company's ending inventory at December 31, 2023, includes the following items: Net Realizable Value Per Unit $120 143 177 97 Product BB FM MB SL Units on Hand 27 10 41 45 Unit Cost $ 115 150 191 83 Required: Calculate LCNRV for the inventory: a. As a whole (assuming the items are similar). LCNRV applied to inventory 4
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Showtime Company's ending inventory at December 31,2023 , includes the following items: Required: Calculate LCNRV for the inventory: a. As a whole (assuming the items are similar). c. Prepare the appropriate adjusting entry, if required, based on your calculations in (b). Journal entry worksheet Record the entry to write down inventory to NRV. Note: Enter debits before credits: b. Applied separately to each product. Showtime Company's ending inventory at December 31,2023 , includes the following items: Required: Calculate LCNRV for the inventory: a. As a whole (assuming the items are similar). c. Prepare the appropriate adjusting entry, if required, based on your calculations in (b). Journal entry worksheet Record the entry to write down inventory to NRV. Note: Enter debits before credits: b. Applied separately to each product

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