Serial Problem Business Solutions LO P2, A3 Part 4 Stana Rey of Business Solutions is evaluating her inventory to determine whether it must be adjusted based on lower of cost or manet rules Business Solutions has three different types of software in its inventory, and the foowing information is available for each Office Productivity 8 579 105 101 w ting Required Compute the lower of cost or mariet for ending Inventory suming Rey applies the lower of cost or market rule to each product in Inventory Must Reyndust the reported Inventory value Part 6 Selected accounts and balances for the three months ended March 31, 2020. for Business Solutions flow ning matery, and 48,600 2.154 Compute inventory turnover and days' sses in Inventory for the three months endes March 31, 2020, Complete this question by entering your answers in the tabs below. Pert corputheter of conter man for ending invertory mang Rayapres the lower of cost or more to cath por tey at the reported inventory value inventory BUNEBI ROLUTIONS Porn Dod Man 5 815 108 LCM Applied Total Menet To 101 Part > 108 Desktop publishing Accounting 105 101 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 B Selected accounts and balances for the three months ended March 31, 2020, for Business Solutions follow. Beginning inventory. January 1 Cost of goods sold Ending Inventary, March 31 48.60 2,154 Compute Inventory tumover and days' sales In Inventory for the three months ended March 31, 2020. Complete this question by entering your answers in the tabs below. Part att Compute inventory turnover and days' sales in inventory for the three months ended March 31, 2020. Choose Numerator Inventory Turnover Choose Denominator Inventory Turnover Inventory Tumor Choose Numerator Deye tales In Inventory Choose Denominator Ratio oday Para