Question: Presented below is selected information related to Bonita Electronics' inventory. HDTV- 42 HDTV- TV (per unit) 50 Stand Historical cost $437 $312 $62 Selling

Presented below is selected information related to Bonita Electronics inventory. TV Stand HDTV- 50 $437 561 32 (per unit) H 

Presented below is selected information related to Bonita Electronics' inventory. HDTV- 42" HDTV- TV (per unit) 50" Stand Historical cost $437 $312 $62 Selling price 561 342 82 Cost to sell 32 16 2 Cost to complete 54 25 7 Determine the following: (a) the net realizable value for each item, and (b) the carrying value of each item under LCNRV. (a) NRV (b) LCNRV HDTV-50" HDTV-42" TV Stand

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