please full calculation and explanation.

urable or unfavourable from e change. 9 Lower of cost and net realizable value LO4 FIGURES: a. $14,411; b. $13,802 Company's ending inventory at December 31, 2017, includes the following items te LCNRV for the inventory: Calcula Units on Hand Unit Net Realizable Value Per Unit Product 15 36 40 Cost $110 145 186 78 $115 138 172 92 a. As a whole (assuming the items are similar), and b. Applied separately to each product. c. Prepare the appropriate adjusting entry, if required, based on your calculations in (b)