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Showtime Company's ending inventory at December 31,2023 , includes the following items: Required: Calculate LCNRV for the inventory: o. As a whole (assuming the ltems

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Showtime Company's ending inventory at December 31,2023 , includes the following items: Required: Calculate LCNRV for the inventory: o. As a whole (assuming the ltems are simitan). b. Appiled separately to each product c. Prepare the approprlate adjusting entry. If required, based on your calculations in (b). Jounnalentry worksheet Record the entry to write down inventory to NRV. Notel Enter debits before credits

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