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Showtime Companys ending inventory at December 31, 2023, includes the following items: Product Units on Hand Unit Cost Net Realizable Value Per Unit BB 27
Showtime Companys ending inventory at December 31, 2023, includes the following items: Product Units on Hand Unit Cost Net Realizable Value Per Unit BB 27 $ 115 $ 120 FM 10 150 143 MB 41 191 177 SL 45 83 97 Required: Calculate LCNRV for the inventory: a. As a whole (assuming the items are similar)
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