MBC company produced three products that it still has an inventory at December 31/2021 the end of the year. The following table provides information about each product Required: 1-at which amount should the accountant report the inventory at the end of the year 2-Record the necessary journal entry Product Cost Selling price LNRV Cost to completion NRV 6% 520 640 B 640 560 IC 400 280 MBC company produced three products that it still has an inventory at December 31/2021 the end of the year. The following table provides information about each product Required: 1-at which amount should the accountant report the inventory at the end of the year 2-Record the necessary journal entry Product Cost Selling price LNRV Cost to completion NRV 6% 520 640 B 640 560 IC 400 280