The following information pertains to the physical inventory of Electronics Unlimited taken at December 31: Product Audio equipment: Wireless audio receivers Touchscreen MP3 players Audio mixers Audio stands Video equipment: Televisions Per Unit Units on Hand Cost NRV 344 $181 $192 259 216 196 325 170 186 203 96 78 479 291 246 5GB video cards 290 176 164 Satellite video recorders 211 611 640 Car equipment: GPS navigators 184 138 164 Double-DIN Car Deck with iPod/iPhone Control 169 191 206 and Aux Input Required: 1. Calculate the LCNRV for the: a. inventory by major group. b. inventory, applied separately to each product. Per Unit LCNRV applied to: a. Inventory Items Units on Hand b. Separately Cost NRV Total cost Total NRV Major to Each Group Product Audio equipment Wireless audio receivers 344 $ 181 $ 192 Touchscreen MP3 players 259 216 196 Audio mixers 325 170 186)

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