Exercise 9-1 The inventory of Oheto Company on December 31, 2015, consists of the following items. Part No. Quantity 600 110 Cost per Unit $95 Net Realizable Value per Unit $100 111 1,000 60 52 112 500 80 76 113 200 170 180 120 400 205 208 121 a 1,600 16 1 122 300 240 235 a Part No. 121 is obsolete and has a realizable value of $1 each as a scrap. Determine the inventory as of December 31, 2015, by the LCNRV method, applying this method to each item. Inventory as of December 31, 2015 Determine the inventory by the LCNRV method, applying the method to the total of the inventory. Ai e N DLL 995 $100 TULL SCREEN 111 PRINTER VERSION 1,000 60 112 52 500 80 76 113 200 170 180 Study 120 400 205 208 121 a 1,600 16 122 300 240 235 a Part No. 121 is obsolete and has a realizable value of $1 each as a scrap. Determine the inventory as of December 31, 2015, by the LCNRV method, applying this method to each item. Inventory as of December 31, 2015 Determine the inventory by the LCNRV method, applying the method to the total of the inventory. Inventory by the LCNRV method $ | Ai e 3 DLL