1. Remmers Company manufactures desks. The company attempts to obtain a 20% gross margin on selling price. At December 31,2023 , the following finished desks appear in the company's inventory. 'art A. At what amount should each of the three desks (B, C, and D) appear in the company's December 31, 2023, inventory, assuming that the company has adopted a lower-of-FIFO-cost-or-net realizable value approach for valuation of inventories on an individual-item basis? Part At what amount should each of the three desks (B, C, and D) appear in the company's December 31, 2023, B. inventory, assuming that the company has adopted a lower-of-FIFO-cost-or-market approach for valuation of inventories on an individual item basis