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The following information pertains to the physical Inventory of Electronics Unlimited taken at December 31 Per Unit Cost NRV $199 233 193 85 5188 223
The following information pertains to the physical Inventory of Electronics Unlimited taken at December 31 Per Unit Cost NRV $199 233 193 85 5188 223 177 103 Units on Product Rand Audio equipment: Wireless audio receivers 332 Touchscreen MP3 players 247 Audio mixers 313 Audio stands 191 Video equipment Televisions 467 SGB Video Cards 278 Satellite video recorders 199 Car equipment: GPS navigators 172 Double-DIN Car Deck with iPod/iPhone Control and Aux Input 157 253 171 613 298 183 618 145 171 213 198 Required: 1. Calculate the LCNRV for the a. Inventory by major group b. Inventory applied separately to each product. Per Unit LCNRV applied to Inventory Unison Hand Cost NRY Total cost Total NRV Major Group Separately to Each Product Ad quipment Wireless audio receivers Touchscreen MP3 players Audiomes Audio stands Subtota 3325 247 313 191 100$ 203 193 85 188 228 177 103 S 05 0 467 253 Video equipment Telesions 668 video cards Satellite video recorders 278 183 818 813 5 03
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