how can I solve these two questions?
Ending Inventory (EOY prices) | Price Index | Conversion factor | EI at base yr. cost | Inc./Dec. | Inventory layers | Year | Conversion factor(base + added yr.) | Layers added | EI at Dollar Value LIFO | ||
1 | 2 | 3 | 4 | 5 | 6=Current 5-Prev. 5 | 7 | 8 | 9 | 10=7*9 | 11=Total of layers in 10 | |
31-Dec-16 | 69100 | 100 | 100/100 | 69100/100*100= | 69100 | 0 | 69100 | Base layer | 1 | 69100 | 69100 |
31-Dec-17 | 116874 | 129 | 100/129 | 116874/129*100= | 90600 | 21500 | 69100 | Base layer | 1 | 69100 | |
21500 | 2017 | 1.29 | 27735 | 96835 | |||||||
31-Dec-18 | 126841 | 143 | 100/143 | 126841/143*100= | 88700 | -1900 | 69100 | Base layer | 1 | 69100 | |
19600 | 2017 | 1.29 | 25284 | 94384 | |||||||
31-Dec-19 | 142376 | 148 | 100/148 | 142376/148*100= | 96200 | 7500 | 69100 | Base layer | 1 | 69100 | |
19600 | 2017 | 1.29 | 25284 | ||||||||
7500 | 2019 | 1.48 | 11100 | 105484 | |||||||
31-Dec-20 | 131670 | 154 | 100/154 | 131670/154*100= | 85500 | -10700 | 69100 | Base layer | 1 | 69100 | |
16400 | 2017 | 1.29 | 21156 | 90256 |
how can I solve these two questions? Semco /course/ 00 1 24715 VIEW TOPICS Practice and...
Date Ending Inventory (End-of-Year Prices) Price Index December 31, 2017 $ 73,200 100 December 31, 2018 128,876 116 December 31, 2019 124,608 132 December 31, 2020 140,426 143 December 31, 2021 168,476 154 December 31, 2022 199,520 160 Compute the ending inventory for Nash Company for 2017 through 2022 using the dollar-value LIFO method. Ending Inventory 2017 2018 2019 $enter a dollar amount 2020 2021 2022
The following information relates to the Chris Anderson Company. Date December 31, 2016 December 31, 2017 December 31, 2018 December 31, 2019 December 31, 2020 Ending Inventory (End-of-Year Prices) $ 65,400 107,690 115.976 130,410 121,104 Price Index 100 121 133 138 144 Use the dollar-value LIFO method to compute the ending inventory for Anderson Company for 2016 through 2020. Ending Inventory 2016 2017 2018 $ $ $ 2019 $ 2020 $
The following information relates to the Steven Garcia Company. Ending Inventory Price Date (End-of-Year Prices) Index December 31, 2016 $68,900 100 December 31, 2017 115,712 128 December 31, 2018 125,386 142 December 31, 2019 139,722 146 December 31, 2020 131,121 153 Use the dollar-value LIFO method to compute the ending inventory for Garcia Company for 2016 through 2020. Ending Inventory 2016 2017 2018 $ $ $ 2019 to 2020 to
The following information relates to the Jimmy Johnson Company. Ending Inventory Price Date (End-of-Year Prices) Index December 31, 2016 $70,000 100 December 31, 2017 90,300 105 December 31, 2018 95.120 116 December 31, 2019 105,600 120 December 31, 2020 100,000 125 Use the dollar-value LIFO method to compute the ending inventory for Johnson Company for 2016 through 2020. Ending Inventory 2016 $ 2017 $ 2018 2019 2020
The following information relates to the Jimmy Johnson Company. Date Ending Inventory (End-of-Year Prices) Price Index December 31, 2016 $ 70,000 100 December 31, 2017 90,300 105 December 31, 2018 95,120 116 December 31, 2019 105,600 120 December 31, 2020 100,000 125 Use the dollar-value LIFO method to compute the ending inventory for Johnson Company for 2016 through 2020. Ending Inventory 2016 $ 2017 $ 2018 $ 2019 $ 2020 $
The following information relates to the George Robinson Company. Date December 31, 2016 December 31, 2017 December 31, 2018 December 31, 2019 December 31, 2020 Ending Inventory (End-of-Year Prices) $ 71,500 113,400 122,181 139,104 130,800 Price Index 100 126 139 144 150 Use the dollar-value LIFO method to compute the ending inventory for Robinson Company for 2016 through 2020. Ending Inventory 2016 2017 2018 2019
Exercise 8-23 The following information relates to the Richard Miller Company. Price Index Date Ending Inventory (End-of-Year Prices) $ 66,900 103,194 110,940 124,887 115,787 December 31, 2016 December 31, 2017 December 31, 2018 December 31, 2019 December 31, 2020 100 117 Nm w 139 Use the dollar-value LIFO method to compute the ending inventory for Miller Company for 2016 through 2020. Ending Inventory ____ 2016 $ 2017 2018 2019 + $ 2020 +
Exercise 8-23 The following information relates to the James Smith Company. Ending Inventory (End-of-Year Prices) Price Index Date December 31, 2016 75,800 100 December 31, 2017 December 31, 2018 December 31, 2019 95,700 110 103,944 118,314 122 126 December 31, 2020 109,254 131 Use the dollar-value LIFO method to compute the ending inventory for Smith Company for 2016 through 2020. Ending Inventory 2016 $ 75,800 2017 $ 2018 $ 2019 $ 2020 $
Exercise 8-23 The following information relates to the Richard Miller Company. Price Index Date Ending Inventory (End-of-Year Prices) $ 66,900 103,194 110,940 124,887 115,787 December 31, 2016 December 31, 2017 December 31, 2018 December 31, 2019 December 31, 2020 100 117 Nm w 139 Use the dollar-value LIFO method to compute the ending inventory for Miller Company for 2016 through 2020. Ending Inventory ____ 2016 $ 2017 2018 2019 + $ 2020 +
Compute the ending inventory for Dino Radja Company for 2017 through 2022 using the dollar-value LIFO method. E8.23 (LO 4) (Dollar-Value LIFO) The following information relates to the Jimmy Johnson Company. Date Ending Inventory (End-of-Year Prices) Price Index December 31, 2016 $ 70,000 100 December 31, 2017 90,300 105 December 31, 2018 95,120 116 December 31, 2019 105,600 120 December 31, 2020 100,000 125 Instructions Use the dollar-value LIFO method to compute the ending inventory for Johnson Company for 2016...