Saved Chapter 6 - Graded Homework #6 The following information pertains to the physical Inventory of Electronics Unlimited taken at December 31 5 Per Unit Units on Hand Cost NRV $188 10 points 338 253 319 197 223 $199 203 193 85 177 Skipped Product Audio equipment: Wireless audio receivers Touchscreen MP3 players Audio mixers Audio stands Video equipment: Televisions 5GB video cards Satellite video recorders Car equipment: GPS navigators Double-DIN Car Deck with iPod/iPhone Control and Aux Input 473 284 298 183 618 253 171 647 205 Print 178 172 145 198 163 213 | References Required: 1. Calculate the LCNRV for the a. Inventory by major group b. Inventory, applied separately to each product. Per Unit Inventory Items Units on Hand LCNRV applied to: b. Separately Major Group to Each Product Cost NRV Total cost Total NRV 338$ $ 100 188 222 253 203 Audio equipment: Wireless audio receivers Touchscreen MP3 players Audiomicers Audio stands Subtotal 103 310 107 177 100 85 $ 0 $ 0 208 Video equipment: Televisions 163 video cards Satellite video recorders Subtotal 473 284 206 253 171 182 618 647 $ $ 0S 0 178 145 171 Car equipment GPS navigators Double-DIN Car Deck with iPod/iPhone Control & Aux Input Subtotal 103 198 213 $ 05 0 Totals 3 015 05 03 0 2. Prepare the appropriate entry, if any, for 1(a) and 1(b). View transaction list Journal entry worksheet Record the entry to write inventory down to LCNRV(major group). Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Record entry Clear entry View general journal