impact of these Errors on total assets ? CP E - ] FindaLE Products Itd. has the following items ill Inventory at Year -end : Item Inits Cost ( FIF O ; NAV X Y Z 2 3 4 $ 50 150 25 $60 75 20 Required : Calculate the cost of ending inventory using ICNRV On 1 . A unit - by - unit basis ? . A group inventory basis . CPE _ & Windy City Insurance Itd . has received a fire - loss Claim of