Required: Compute the lower of cost or market for ending inventory assuming Rey applies the lower of cost or market rute 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, 2020, for Business Solutions follow. leginning nentory. January 1 Caict of Roode sol teding vertory, March 31 5 33.583 1,562 D Compute inventory turnier and day sales in Inventory for the three months ended March 31, 2020 Complete this question by entering your answers in the tabs below. Part A Part B Compute Inventory turnover and days' sales in Inventory for the three months ended March 31, 2020. Inventory. Turnover Choose Numerator: Choose Denominator: Cost of goods sold 1 Average inventory S 33,583 / $ 781 Inventory Turnover Inventory Turnover 43 Choose Numerator: Ending inventory Days. Sales In Inventory Choose Denominator: 7 Cost of goods sold Ratio 0 days