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 tory Items Ofic productivity Desktop publishing Accounting Costarit 5.78 576 105 102 4 Required: Compute the lower of cost or market for ending inventory tuming Rey applies the lower of cost of market rule to each product in Inventory Must Rey oqust the reported Inventory volue? Part 8 Selected accounts and balances for the three months ended March 31, 2021. for Business Solutions follow BELARE hentary, my Cost of Antry. Hah 2018 Come troventory turnover ond day sales in vectory for the three months ended March 31, 2021 Complete this question by entering your answers in the tabs below. Part 8 Selected accounts and balances for the three months ended March 31, 2021, for Business Solutions follow Beginning inventory, January 1 Cost of foods sold Ending inventory, March 31 $ 26,670 1,270 Compute Inventory turnover and days' sales In Inventory for the three months ended March 31, 2021. Complete this question by entering your answers in the tabs below. Part A Part 3 Compute the lower of cost or market for ending Inventory assuming Ray applies the lower of cost or market rule to each product in inventory. Must Rey adjust the reported inventory value Units 5 BUSINESS SOLUTIONS Per Unit Cost Market S 70 5 76 100 102 LCM Applied Tales Total Cost Inventory Items Office productivity Descop publishing Abouting Total Total Market 4 5 03 Lower of costo market for inventory ay to each produit Rey Must the one thatoty ale Part > Part B Selected accounts and balances for the three months ended March 31, 2021, for Business Solutions follow. $ Beginning inventory, January 1 Cost of goods sold Ending inventory, March 31 26,670 1,270 Compute Inventory turnover and days' sales In Inventory for the three months ended March 31, 2021 Complete this question by entering your answers in the tabs below. Part A Dart B Compute inventory turnover and days' sales in inventory for the three months ended March 31, 2021 Choose Numerator Inventory Turnover Choose Denominator Inventory Turnover Inventory Tumover Choose Numerator Days Salts in Inventory Choose Denominator Ratio chy Part