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

1. Calculate LCNRV by group:

		$289,010
		$280,702
		$273,054
		$285,242
		$292,777