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Showtime Company s ending inventory at December 3 1 , 2 0 2 3 , includes the following items: Product Units on Hand Unit Cost
Showtime Companys ending inventory at December includes the following items:
Product Units on Hand Unit Cost Net Realizable Value Per Unit
BB $ $
FM
MB
SL
Required:
Calculate LCNRV for the inventory:
a As a whole assuming the items are similar
b Applied separately to each product.
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