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Can anyone help me with these please and thank you Showtime Company's ending inventory at December 31, 2020, includes the following items: Product BB FM

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Showtime Company's ending inventory at December 31, 2020, includes the following items: Product BB FM MB SL Units on Hand 34 20 48 52 Unit Cost $ 113 148 189 81 Net Realizable Value Per Unit $ 118 141 175 95 Required: Calculate LCNRV for the inventory: a. As a whole (assuming the items are similar). LCNRV applied to inventory b. Applied separately to each product. Product Total Cost Total NRV LCNRV applied to Each Product BB FM MB SL c. Prepare the appropriate adjusting entry, if required, based on your calculations in (b). View transaction list Journal entry worksheet Record the entry to write down inventory to NRV. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31, 2020 Record entry Clear entry View general Journal

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