es Exercise 6-10 Lower of cost and net realizable value LO4 Showtime Company's ending inventory at December 31, 2023, includes the following items: Units on Hand Net Realizable Value Per Unit 32 $ 125 10 148 46 182 50 102 Product BB FM MB SL 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 BB FM Unit Cost $ 120 155 196 88 MB SL Total Cost Total NRV LCNRV applied to Each Product

Exercise 6-10 Lower of cost and net realizable value LO4 Showtime Company's ending inventory at December 31,2023 , includes the following items: Required: Calculate LCNRV for the inventory: a. As a whole (assuming the items are similar). b. Applied separately to each product