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X 2 Showtime Company's ending inventory at December 31, 2020, includes the following items: Net Realizable Units on Product Hand Unit Cost BB 22 $
X 2 Showtime Company's ending inventory at December 31, 2020, includes the following items: Net Realizable Units on Product Hand Unit Cost BB 22 $ 120 FM 15 143 MB 36 177 00:59:31 SL 40 97 Value Per Unit $ 115 150 191 83 Required: Calculate LCNRV for the inventory: a. As a whole (assuming the items are similar). LCNRV applied to inventory
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