4

1. Complate the LCM NYY write-down per und and in total for each cem in the talale. Auso compute the total overail weise-down for ali remas 2. How wat the write.down of impentory to lower of cost of marketinet realizable value affect the company ts expensias repointed for the year ended Decertber 31 ir 3. Compute the ampoint that should be tepored for the inventory on December 31 . after the L.CMNRiv rule has been applied to each titin Complefe this question try entening your answars in the babs below. Compute bie corpety ante-down per enit and in total for each item in the table. Alse compute the total overall withe-dowin for all itemi. Faydals coinpany in mrepariog the annaal finarichal statements dated Decerriber 31 . Ending impentocy is preseritly recocded at its total cent of 59.1/3 inforination about its inventory items follows: fequired: 1. Compute the LCMANRV write down per unit and in total for each item in the table. Also compute the total overall white-down for ail Merts. 2. How win the wi ite-down of inventory to lower of cost or marketinet realizabie.volue affect the company's expenses reported for the year ended December 31 ? 3. Compede the amount that should be reported for the inventory on December 31 , after the LCMiNRV rule has been applied to each itert. Complete this question by entering your answers in the tabs below. How wil the write-down of inventory to lower of cont or marketet realizable value affect the company's expenseas reported for the year ended December 31 ? Saridals Conpany a prepaning the anmad fanancial statements dated Becember 31 . finding imventory is preseintly recorded at its total Required: 1. Compote the LCMNNV write-down per unit and in total for each item in the table. Also compute the total overall write-down for all Clevins: 2. How wil the wrice-down of inventory to lower of cost or marketet realizable value affect the company's expenses reported for the year erided Deceriber 31? 3. Compute the amourt that should bereported for the inventory on December 31, after the LCMINRV rule has been apglied to each iferin Complete this question by entering your answers in the tabs below. Compufe the amount that should be reported for the inwentory on December 31 , after the LCM/NRV rule has been applied to each itern