b$.$ Applied separately to each product.

$\backslash$table$[[$Product$,\backslash$table$[[$Total$],[$Cost$]],\backslash$table$[[$Total$],[$NRV$]],\backslash$table$[[$LCNRV$],[$applied to$],[$Each Product$]]],[$BB$,$$$,3,762,$$$,3,927,$$$,3,762],[$FM$,,2,235,,2,130,,2,130],[$MB$,,8,930,,8,272,,8,272],[SL,,4,182,,4,896,,4,182],[,$$$,19,109,$$$,19,225,$$$,18,346]]$

c$.$ Prepare the appropriate adjusting entry, if required, based on your calculations in $($b$).$

View transaction list $$

$\backslash$table$[[$No$,$Date,,Debit,Credit,$],[,,,$General Journal,,$],[,,,,,],[,,,,,]]$