a Complete the table column "WriteDown per Item" and then sum the final column.
b Compute the amount of the total writedown when the LCMNRV rule is applied to each item.
Prepare the journal entry Peterson Furniture Designs would record on December to write down its inventory to LCMNRV
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Req
Complete the table column "WriteDown per Item" and then sum the final column.
tableItemtableWritedown perItemtableQuantity onHandtableTotal WritedownAlligator Armoires,$$Bear Bureaus,,Cougar Credenzas,,Dingo Cribs,,Elephant Dressers,,
