Program/Source Code:

The source code to remove the last occurrence of the specified item from the LinkedList is given below. The given program is compiled and executed successfully.

// Java program to remove the last occurrence of a specified 
// item from the LinkedList

import java.util.LinkedList;

public class Main {
  public static void main(String[] args) {
    LinkedList list = new LinkedList();

    list.add(1);
    list.add("TWO");
    list.add(3);
    list.add("FOUR");
    list.add("TWO");
    list.add(true);
    list.add("THREE");

    System.out.println("List Items: \n" + list);

    if (list.removeLastOccurrence("TWO"))
      System.out.println("\nLast occurrence of 'TWO' is removed");
    else
      System.out.println("\nLast occurrence of 'TWO' is not removed");

    System.out.println("\nUpdated List: \n" + list);
  }
}

Output:

List Items: 
[1, TWO, 3, FOUR, TWO, true, THREE]

Last occurrence of 'TWO' is removed

Updated List: 
[1, TWO, 3, FOUR, true, THREE]

Explanation:

In the above program, we imported the "java.util.LinkedList" package to use the LinkedList collection class. Here, we created a class Main. The Main class contains a main() method. The main() method is the entry point for the program.