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I need help with this question please, 5 a,b and c Showtime Company's ending inventory at December 31, 2020, includes the following items: Units on

I need help with this question please, 5 a,b and c

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Showtime Company's ending inventory at December 31, 2020, includes the following items: Units on Product Hand Unit Cost Net Realizable Value BB 22 Per Unit FM $ 120 $ 115 15 143 150 MB 36 SL 49 177 191 97 183 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 Total LCNRV Cost NRV applied to Each Product BB FM MB SL O S O S c. Prepare the appropriate adjusting entry. if required, based on your calculations in (b) View transaction list

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