Chrome File Edit View History Bookmarks Profiles Tab V Window Help Q Sun Mar 17 11:49 PM .. . A myBama X Content X - ExPrep | X Bb 4393858 X Bb Course S( X A myBama X Content X C chegg.co x G calculator X M Question X C Home - L X C A ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.com%252Fc... ( OAK Relaunch to update : Inventory Part 2 Homework i Saved Help Save & Exit Submit Sandals Company is preparing the annual financial statements dated December 31. Ending inventory is presently recorded at its total cost of $15,200. Information about its inventory items follows: 5 Quantity Unit Cost When Value at Product Line on Hand Acquired (FIFO) Year-End Air Flow 65 $ 15 $ 23 Blister Buster 30 65 59 Coolonite 65 85 80 2.5 Dudesly 90 75 81 points Required: eBook 1. Compute the LCM/NRV write-down per unit and in total for each item in the table. Also compute the total overall write-down for all items. Print 2. How will the write-down of inventory to lower of cost or marketet realizable value affect the company's expenses reported for the year ended December 31? 3. Compute the amount that should be reported for the inventory on December 31, after the LCM/NRV rule has been applied to each item Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the LCM/NRV write-down per unit and in total for each item in the table. Also compute the total overall write-down for all items. Product Line Quantity on Write-down Total Write- Hand per item down Air Flow 65 Blister Buster 30 Coolonite Dudesly 90 Mc Grav Hill Module 4_Serve...xIsx Show All X 1,238 MAR stv yahoo ! 17 4Chrome File Edit View History Bookmarks Profiles Tab Window Help GO Q Sun Mar 17 11:55 PM A myBama Content - ExPrep Portal X A myBama x i Content X M Question 5 - Inventor X Homework Help - Q& X C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.com%252Fc... ( * Relaunch to update : Inventory Part 2 Homework i Saved Help Save & Exit Submit Salludis Cullipally is prepdilly the dillludi III dilldi Statements udleu December SI. Ellumly mlivelily Is presently recorded allis LULdi cost of $15,200. Information about its inventory items follows 5 Quantity Unit Cost When Value at Product Line on Hand Acquired (FIFO) Year-End Air Flow 65 $ 15 $ 23 Blister Buster 30 65 59 Coolonite 65 85 80 Dudesly 90 75 81 2.5 points Required: 1. Compute the LCM/NRV write-down per unit and in total for each item in the table. Also compute the total overall write-down for all items. eBook 2. How will the write-down of inventory to lower of cost or marketet realizable value affect the company's expenses reported for the year ended December 31? 3. Compute the amount that should be reported for the inventory on December 31, after the LCM/NRV rule has been applied to each item. Print Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 How will the write-down of inventory to lower of cost or marketet realizable value affect the company's expenses reported for the year ended December 31? Cost of goods sold will be by Mc Graw Hill 126 1,238 astv A AaChrome File Edit View History Bookmarks Profiles Tab Window Help GO Q Sun Mar 17 11:55 PM A myBama Content - ExPrep Portal X A myBama x i Content X M Question 5 - Inventor X Homework Help - Q& X C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.com%252Fc... ( * Relaunch to update : Inventory Part 2 Homework i Saved Help Save & Exit Submit Salludis Cullipally is prepdilly the dillludi III dilldi Statements udleu December SI. Ellumly mlivelily Is presently recorded allis LULdi cost of $15,200. Information about its inventory items follows 5 Quantity Unit Cost When Value at Product Line on Hand Acquired (FIFO) Year-End Air Flow 65 $ 15 $ 23 Blister Buster 30 65 59 Coolonite 65 85 80 Dudesly 90 75 81 2.5 points Required: 1. Compute the LCM/NRV write-down per unit and in total for each item in the table. Also compute the total overall write-down for all items. eBook 2. How will the write-down of inventory to lower of cost or marketet realizable value affect the company's expenses reported for the year ended December 31? 3. Compute the amount that should be reported for the inventory on December 31, after the LCM/NRV rule has been applied to each item. Print Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the amount that should be reported for the inventory on December 31, after the LCM/NRV rule has been applied to each item. Written-down inventory Hill 126 1,238 atv A Aa