c. What is Deuce's ending inventory, applying LONRV to the entire inventory ? 4. A physical inventory of Nuvo VCR taken on December 31 reveals the following : Units Cost NRV on hand per unit per unit Games Xbox 300 $26 $24 Wii 150 23 24 Video DVDS 200 $ 7 $ 6 Blu Ray 100 11 12 a. Calculate ending inventory, applying LCNRV to the entire inventory. b. Calculate ending inventory, applying LCNRV by group. c. Calculate ending inventory , applying LONRV by item . 5. On October 1, 20X8 , your company signs a $10,000 purchase commitment for goods to be delivered on March 5, 20X9. At year-end 20X8, the estimated value of the goods on order is $8,000 a. Present the journal entries to reflect the purchase commitment at year- end 20X8 b. If, on March 5, 20X9, the market value of the goods is $7,000, present the journal entry to record this change. 6. On November 1, 20X8 , your company signs a $10,000 purchase commitment for goods to be delivered on February 15, 20X9. At year-end 20X8 , the estimated value of the goods on order is $7,500 . a. What is the journal entry to record to record the impact of the change in market value at year-end 20X8? b. On February 15, 20X9, the market value of the goods is $8,000. What is the journal entry to record the impact of the change in market value at year-end 20X9