Showtime Company's ending Inventory at December 31, 2020, Includes the following items Product Units on Hand Unit Cost $ 119 154 FM Net Realizable Value Per Unit S124 147 181 101 SL Required: Calculate LCNRV for the Inventory. a. As a whole (assuming the items are similar). LCNRV applied to inventory 355 3 2 b. Applied separately to each product. Product LCNRV22 applied to Total NRV Cost Each Product FM MB 1777