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The following information pertains to the physical inventory of Electronics Unlimited taken at December 31: Per Unit Product Audio equipment: Wireless audio receivers Audio
The following information pertains to the physical inventory of Electronics Unlimited taken at December 31: Per Unit Product Audio equipment: Wireless audio receivers Audio mixers Audio stands Video equipment: Televisions Units on Hand Cost NRV 338 $188 $199 Touchscreen MP3 players 253 223 203 319 177 193 197 103 85 473 298 253 5GB video cards 284 183 171 es Satellite video recorders 205 618 647 Car equipment: GPS navigators 178 145 171 Double-DIN Car Deck with iPod/iPhone 163 198 213 Control and Aux Input Required: 1. Calculate the LCNRV for the: a. inventory by major group b. inventory, applied separately to each product. Per Unit LCNRV applied to:
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Accounting What the Numbers Mean
Authors: David Marshall, Wayne McManus, Daniel Viele
11th edition
1259535312, 978-1259535314
