QUESTION 4 The following data refer to Spicer Company's ending inventory: Quantity Unit Cost $130 Unit NRV $128 50 Item code Small Medium Large Extra-Large 75 185 187 60 160 168 193 30 200 A. At what amount is inventory (cost) on the books? Answer all questions in whole dollars. B. How much total ending inventory at net realizable value? C. What is the lower of cost or net realizable value for total inventory? D. How much is ending inventory if the lower of cost or net realizable value (LCNRV) rule is applied to each item? E. Which of the above methodologies always gives the lowest answer when using the LCNRV rule? Total inventory or each item? F. The journal entry to write down inventory using the "each item" methodology would debit (what account?) for (what dollar amount?)