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Description Category Cost NRV Type 1.1 Type 1 |$275 $473 Type 1.2 |Type 1 $128 $217 Total Type 1 $403 $690 Type 2.1 Type 2
Description Category Cost NRV Type 1.1 Type 1 |$275 $473 Type 1.2 |Type 1 $128 $217 Total Type 1 $403 $690 Type 2.1 Type 2 $922 $742 Type 2.2 Type 2 $280 $514 Total Type 2 $1,202 $1,256 Type 3.1 Type 3 $828 $438 Type 3.2 Type 3 $66 $452 Total type 3 $894 $890 Grand Total $2,499 $2,836 Using the above information, which LCNRV method results in the highest value for inventory? Select one: a. Random b. Individual Total d. Category
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