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1. Determine the carrying value of ending inventory assuming the lower of cost or net realizable value (LCNRV) rule is applie individual products. 2. Assuming

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1. Determine the carrying value of ending inventory assuming the lower of cost or net realizable value (LCNRV) rule is applie individual products. 2. Assuming that inventory write-downs are common for Tatum Company, record any necessary year-end adjusting entry. Complete this question by entering your answers in the tabs below. Determine the carrying value of ending inventory assuming the lower of cost or net realizable value (LCNRV) rule is applied to individual products

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