Showtime Company$$s ending inventory at December $31,2023,$ includes the following items:

Product Units on Hand Unit Cost Net Realizable Value Per Unit

BB $21$ $ $114$ $ $109$

FM $20137144$

MB $35171185$

SL $399177$

Required:

Calculate LCNRV for the inventory:

a$.$ As a whole $($assuming the items are similar$).$

b$.$ Applied separately to each product.