The following information pertains to the physical inventory of Electronics Unlimited taken at December 31: Per Unit Units on Hand Cost NRV 329 244 310 188 $195 199 189 81 $184 219 173 99 Product Audio equipment: Wireless audio receivers Touchscreen MP3 players Audio mixers Audio stands Video equipment: Televisions 5GB video cards Satellite video recorders Car equipment: GPS navigators Double-DIN Car Deck with iPod/iPhone Control and Aux Input 464 275 196 249 167 609 294 179 614 169 167 141 154 209 194 1. Calculate the LCNRV for the a. Inventory by major group b. inventory, applied separately to each product. Per Unit Inventory Items Units on Hand Cost LCNRV applied to: b. a. Major Separately to Each Group Product NRV Total cost Total NRV Audio equipment: Wireless audio receivers Touchscreen MP3 players Audio mixers Audio stands Subtotal 184 219 329 $ 244 310 188 195 $ 199 189 81 173 99 464 249 294 Video equipment: Televisions 1GB video cards Satellite video recorders Subtotal 275 167 179 196 609 614 169 167 141 Car equipment: GPS navigators Double-DIN Car Deck with iPod/iPhone Control & Aux Input Subtotal 154 209 194 Totals 2. Prepare the appropriate entry, if any, for 1(a) and 1(b). View transaction list EX x 1 Record the entry to write inventory down to LCNRV(major group) 2 Record the entry to write inventory down to LCNRV(separately to each product). Credit Note : journal entry has been entered View general journal Record entry Clear entry