Decker company has five products in its inventory. information about the december 31, 2021, inventory follows. product quantity unit cost unit selling price a 1,250 $ 23 $ 30 b 1,050 29 32 c 850 5 13 d 450 12 11 e 850 28 27 the cost to sell for each product consists of a 10 percent sales commission. required: 1. determine the carrying value of inventory at december 31, 2021, assuming the lower of cost or net realizable value (lcnrv) rule is applied to individual products. 2. determine the carrying value of inventory at december 31, 2021, assuming the lcnrv rule is applied to the entire inventory. 3. assuming inventory write-downs are common for decker, record any necessary year-end adjusting entry based on the amount calculated in requirement 2.

During the year, the delph company had no beginning or ending inventories and it started, completed, and sold only two jobs—job d-75 and job c-100. it provided the following information related to those two jobs: job d-75: molding fabrication total direct materials cost $ 375,000 $ 325,000 $ 700,000 direct labor cost $ 200,000 $ 160,000 $ 360,000 machine-hours 15,000 5,000 20,000 job c-100: molding fabrication total direct materials cost $ 300,000 $ 250,000 $ 550,000 direct labor cost $ 175,000 $ 225,000 $ 400,000 machine-hours 5,000 25,000 30,000delph had no overapplied or underapplied manufacturing overhead during the year. assume delph uses a plantwide overhead rate based on machine-hours.1-a. compute the predetermined plantwide overhead rate.1-b. compute the total manufacturing costs assigned to job d-70 and job c-200.1-c. if delph establishes bid prices that are 150% of total manufacturing costs, what bid price would it have established for job d-70 and job c-200? 1-d. what is delph's cost of goods sold for the year? assume delph uses departmental overhead rates based on machine-hours.2-a. compute the predetermined departmental overhead rates.2-b. compute the total manufacturing costs assigned to job d-70 and job c-200.2-c. if delph establishes bid prices that are 150% of total manufacturing costs, what bid price would it have established for job d-70 and job c-200? 2-d. what is delph's cost of goods sold for the year?