Help Save & Exit Submit Showtime Company's ending inventory at December 31, 2020, includes the following items Units on " Product BB FM MB SL 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 Saved Help Save & b. Applied separately to each product. Product Total Cost Total NRV LCNRV applied to Each Product BB FM MB SL $ 0 $ 0 $ c. Prepare the appropriate adjusting entry. If required, based on your calculations in (b) c. Prepare the appropriate adjusting entry, If required, based on your calculations in (b) View transaction list Journal entry worksheet