Part A s evaluating her Inventory to determine whether it must be adjusted based on lower of cost or market rules. Business Solutions has three different types of software in its Inventory, and the following each Office productivity Desktop publishing Accounting 586 114 1e0 $ 84 11e 186 Required: 1.&2. Compu a whole and and lower of cost ute the lower of cost or market for ending inventory assuming Rey applies the lower of cost or market rule to inventory as or market rule to each product in inventory Must Rey adjust the reported inventory value? Part B Selected accounts and balances for the three months ended March 31, 2018, for Business Solutions follow January 1 beginning inventory Cost of goods sold March 32ending inventory 42,150 1,686 Compute inventory turnover and days sales in inventory for the three months ended March 31, 2018 Complete this questions by entering your answers in the below tabs. Part A Part B 1. & 2. Compute the lower of cost or market for ending inventory assuming Rey applies the lower of cost or market rule to inventory as a whole and lower of cost or market rule to each product in inventory. Must Rey adjust the reported inventory value