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Question 4 A physical inventory of Wrexham Company taken on December 31 reveals the following: Per unit Inventory Item Units Cost NRV Car Audio Equipment

Question 4

A physical inventory of Wrexham Company taken on December 31 reveals the following:

Per unit
Inventory Item Units Cost NRV
Car Audio Equipment
-Speakers 345 90 98
-Stereos 260 111 100
-Amplifiers 326 86 95
-Subwoofers 204 52 41
Security equipment
-Alarms 480 150 125
-Locks 291 93 84
-Cameras 212 310 322
Other equipment
-Tripods 185 70 84
-Stabilizers 170 97 105
Total

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