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Lower of Cost and Net Realizable Vale 10 marks Your score Showtime Company's ending inventory at December 31, 202 includes the following items: Product Units

Lower of Cost and Net Realizable Vale 10 marks Your score Showtime Company's ending inventory at December 31, 202 includes the following items: Product Units on Hand Unit Cost Net Realizable Value per Unit BB 22 100 108 FM 15 156 144 MB 36 190 182 SL 40 72 87 Calculate the LCNRV for the inventory on an itemized product basis and the total

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