The following information pertains to the physical inventory of Electronics Unlimited taken at December 31: Per Unit Units on Hand Cost NRV $200 $189 331 246 312 204 194 86 224 178 104 190 Product Audio equipment: Wireless audio receivers Touchscreen MP3 players Audio mixers Audio stands Video equipment Televisions SGD video cards Satellite video recorders Car equipmenti GPS navigators Double-DIN Car Deck with iPod/iPhone Control and Aux Input 466 277 198 254 172 299 184 619 614 171 156 172 214 146 199 Required: 1. Calculate the LCNRV for the: a. Inventory by major group b. inventory, applied separately to each product. Required: 1. Calculate the LCNRV for the: a. Inventory by major group b. Inventory, applied separately to each product. Per Unit Inventory Items Units on LCNRV applied to: b. Separately Major to Each Group Product Hand Cost NRV Total cost Total NRV 189 224 Audio equipment: Wireless audio receivers Touchscreen MP3 players Audio mixers Audio stands Subtotal 331 $ 246 312 190 200 $ 204 194 86 178 104 $ 0 $ 0 466 Video equipment Televisions 1GB video cards Satellite video recorders Subtotal 277 198 254 172 614 299 184 619 $ 0 $ 0 171 172 146 Car equipment: GPS navigators Double-DIN Car Deck with iPod/iPhone Control & Aux Input Subtotal 156 214 199 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Totals