the following information pertains to the physical inventory of electronics unlimited taken at december 31.

product units on hand cost NRV

audio equipment :

wireless audio 332 199 188

touchscreen MP3 players 247 203 223

audio mixers 313 193 177

audio stands 191 85 103

video equipment:

televisions 467 253 298

5GB video cards 278 171 183

satellite video recorder 199 613 618

car equipment :

GPS navigators 172 171 145

double din car deck with iPod

/iPhone control and aux input 157 213 198

calculate the LCNRV For the

a) inventory by major group

b) inventory, applied separately to each product.

2) prepare the appropriate entry if any for 1(a) and 1 (b)

record the entry to write inventory down to LCNRV (major group )

record the entry to write inventory down to LCNVR (separately to each product )