Showtime Company's ending Inventory at December 31, 2020, Includes the following items: Product BB EM MB SL Units on Hand 24 20 Unit Cost $ 118 141 175 95 Net Realisable Value Per Unit 113 148 189 81 42 Required: Calculate LCNRV for the Inventory a. As a whole (assuming the items are similar) LCNRV applied to inventory b. Applied separately to each product. Total Product Cost Total NRV LCNRV applied to Each Product BB FM MB SL c. Prepare the appropriate adjusting entry. If required, based on your calculations in (b)