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Use the following information to answer the questions which follow. Tech Mecca is a store in Ontario. Heading into the holidays, they gather the following
Use the following information to answer the questions which follow.
Tech Mecca is a store in Ontario. Heading into the holidays, they gather the following information regarding their inventory.
Product
Audio Equipment:
Wireless audio receivers
Touchscreen MP players
Audio mixers
Audio stands
Video Equipment:
Televisions
GB Video cards
Satellite video recorders
Car Equipment:
GPS navigators
DoubleDIN car deck with
iPodiPhone control and aux input
Units on
Hand
Per Unit Per Unit
Cost NRV
$$
:
Calculate the LCNRV for the following, and input the correct values in the tables below:
a Inventory by major category
b Inventory, applied separately to each product.
Prepare the appropriase entry for and b
LCNRV Applied to Each Product Separately
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