Q6. Use the following information to answer Q6a, Q6b & Q6c [1 mark for each wholly correct answer]. Kumasi Co. sells two types of roofing tiles. One type of tile is made from natural quarried slate and the other from cement. The natural slate is offered in two colors, and the cement tiles in three colors. The company's Inventory at Cost [FIFO) and NRV are given in the table below. Group Hem Costs NRVS Individual em Group Portal LCNVR by: Slate Black 90.000 70.000 Blue 95.000 90.000 Cement Red 100.000 120.000 Yellow 95.000 110.000 Green 50.000 40.000 Q6a. Determine LCNVR by applying the LCNVR rule to each of the 5-individual tiles. Show plawible calcations to get credit Answer: LONRV by individual tas Qob. Determine LCNVR by applying the LCNVR rule to the each of the 2 groups, slate, and cement. Show platible calculasons to get credit Answer: LCNRV by group is Q6c. Determine LCNVR by applying the LCNVR rule to the total inventory Show plausible calculations to get credit Answer: LCNRV by totality is 5