Part A Part B Compute inventory turnover and days' sales in Inventory for the three months ended March 31, 2022 Inventory Turnover Choose Numerator: Choose Denominator Inventory Turnover Cost of goods sold Average inventory Inventory Tumover Choose Numerator Ending Inventory Days Sales In Inventory Choose Denominator Cost of goods sold Ratio 0 days (Part A Part A Santana Rey of Business Solutions is evaluating her inventory to determine whether it must be adjusted based on lower of cost or market rules. Business Solutions has three different types of software in its inventory, and the following information is available for each 3 4 112 Per Unit Inventory Items Units Cost Market Office productivity 4 $ 84 $ 82 Desktop publishing 108 Accounting 98 104 Required: Compute the lower of cost or market for ending inventory assuming Rey applies the lower of cost or market rule to each product in inventory, Must Rey adjust the reported inventory value? Part 8 Selected accounts and balances for the three months ended March 31, 2022, for Business Solutions follow. Beginning inventory, January 1 Cost of goods sold 25,536 Ending inventory, March 31 1,864 Compute inventory turnover and days' sales in inventory for the three months ended March 31, 2022 $ Complete this question by entering your answers in the tabs below. Part A Part 8 Compute inventory turnover and days' sales in inventory for the three months ended March 31, 2022 Complete this question by entering your answers in the tabs below. Part A Part 8 Compute the lower of cost or market for ending inventory assuming Rey applies the lower of cost or market rule to each product in Inventory. Must Rey adjust the reported Inventory value? BUSINESS SOLUTIONS Inventory Items Per Unit Units Total Cost Total Market LCM Applied Cost Market To Items Office productivity $ 84 $ 82 $ 336 s 328s 336 Desktop publishing 3 112 108 336 324 336 Accounting 98 104 392 416 416 Totals $ 1,064 $ 1,068 $ 1,088 4 $ Lower of cost or market for inventory applied separately to each product Rey must adjust the reported Inventory value 416 Yos Part >