Question
1. A physical inventory of DEF Electronics taken at December 31 reveals the following data: ITEM UNITS ON HAND COST PER UNIT NRV PER UNIT
1. A physical inventory of DEF Electronics taken at December 31 reveals the following data:
| ITEM | UNITS ON HAND | COST PER UNIT | NRV PER UNIT |
| Audio Equipment |
|
|
|
| Receivers | 345 | $90 | $98 |
| CD Players | 260 | 111 | 100 |
| MP3 Players | 326 | 86 | 95 |
| Wireless Speakers | 204 | 52 | 41 |
|
|
|
|
|
| Video Equipment |
|
|
|
| Handheld LCDs | 480 | $150 | $125 |
| VCRs | 291 | 93 | 84 |
| Camcorders | 212 | 310 | 322 |
|
|
|
|
|
| Car Audio Equipment |
|
|
|
| Satellite Radios | 185 | $70 | $84 |
| CD/MP3 Radios | 170 | 97 | 105 |
- Calculate LCNRV by group:
|
| $289,010 | |
|
| $280,702 | |
|
| $273,054 | |
|
| $285,242 | |
|
| $292,777 |
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Auditing SAP S 4HANA
Authors: Steve Biskie
1st Edition
1493222643, 978-1493222643
