Homework Answers
Calculate ending inventory
| Year | Dollar value ending inventory | |
| 2013 | 66100 | 66100 |
| 2014 | 119210/1.31 = 91000 | (66100*1+24900*1.31) = 98719 |
| 2015 | 129050/1.45 = 89000 | (66100*1+22900*1.31) = 96099 |
| 2016 | 145200/1.50 = 96800 | (66100*1+22900*1.31+7800*1.5) = 107799 |
| 2017 | 134316/1.56 = 86100 | (66100*1+20000*1.31) = 92300 |
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8. (10 points) The following information relates to the Windsor Company. Ending Inventory Price Date (End-of-Year Prices) Index December 31, 2013 $ 63,500 100 December 31, 2014 105,434 119 December 31, 2015 113,446 December 31, 2016 128,792 December 31, 2017 118,158 141 Use the dollar-value LIFO method to compute the ending inventory for Windsor Company for 2013 through 2017.
8. (10 points) The following information relates to the Windsor Company.DateEnding Inventory(End-of-Year Prices)PriceIndexDecember 31, 2013$ 63,500100December...
8. (10 points) The following information
relates to the Windsor Company.DateEnding Inventory(End-of-Year
Prices)PriceIndexDecember 31, 2013$ 63,500100December 31,
2014105,434119December 31, 2015113,446131December 31,
2016128,792136December 31, 2017118,158141Use the dollar-value LIFO
method to compute the ending inventory for Windsor Company for 2013
through 2017.
8. (10 points) The following information relates to the Windsor Company. Date December 31, 2013 December 31, 2014 December 31, 2015 December 31, 2016 December 31, 2017 Ending Inventory Price (End-of-Year Prices) Index $ 63,500 100 105,434 119 113,446 131...
8. (10 points) The following information relates to the Windsor Company.DateEnding Inventory(End-of-Year Prices)PriceIndexDecember 31, 2013$ 63,500100December...
8. (10 points) The following information
relates to the Windsor Company.DateEnding Inventory(End-of-Year
Prices)PriceIndexDecember 31, 2013$ 63,500100December 31,
2014105,434119December 31, 2015113,446131December 31,
2016128,792136December 31, 2017118,158141Use the dollar-value LIFO
method to compute the ending inventory for Windsor Company for 2013
through 2017.
8. (10 points) The following information relates to the Windsor Company Ending Inventory (End-of-Year Prices) Index Price Date $63,500 December 31, 2013 100 December 31, 2014 105,434 119 December 31, 2015 113,446 131 December 31, 2016 128,792 136 141 December...
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The following information relates to the Jimmy Johnson Company. Ending Inventory Price Date (End-of-Year Prices) Index...
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Presented below is information related to Sheffield Company. Date Ending Inventory (End-of-Year Prices) Price Index December...
Presented below is information
related to Sheffield Company. Date Ending Inventory (End-of-Year
Prices) Price Index December 31, 2014 $ 84,700 100 December 31,
2015 164,199 147 December 31, 2016 161,112 168 December 31, 2017
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203
Your answer is partially correct. Try again. Presented below is information related to Sheffield Company. Ending Inventory (End-of-Year Price Date Prices) Index December 31, 2014 $ 84,700 100 December 31, 2015 164,199 147 December...
Presented below is information related to Tamarisk Company. Date Ending Inventory (End-of-Year Prices) Price Index December...
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8. (10 points) The following information relates to the Windsor Company. Ending Inventory Price Date (End-of-Year Prices) Index December 31, 2013 $ 63,500 100 December 31, 2014 105,434 119 December 31, 2015 113,446 December 31, 2016 128,792 December 31, 2017 118,158 141 Use the dollar-value LIFO method to compute the ending inventory for Windsor Company for 2013 through 2017.
8. (10 points) The following information
relates to the Windsor Company.DateEnding Inventory(End-of-Year
Prices)PriceIndexDecember 31, 2013$ 63,500100December 31,
2014105,434119December 31, 2015113,446131December 31,
2016128,792136December 31, 2017118,158141Use the dollar-value LIFO
method to compute the ending inventory for Windsor Company for 2013
through 2017.
8. (10 points) The following information relates to the Windsor Company. Date December 31, 2013 December 31, 2014 December 31, 2015 December 31, 2016 December 31, 2017 Ending Inventory Price (End-of-Year Prices) Index $ 63,500 100 105,434 119 113,446 131...
8. (10 points) The following information
relates to the Windsor Company.DateEnding Inventory(End-of-Year
Prices)PriceIndexDecember 31, 2013$ 63,500100December 31,
2014105,434119December 31, 2015113,446131December 31,
2016128,792136December 31, 2017118,158141Use the dollar-value LIFO
method to compute the ending inventory for Windsor Company for 2013
through 2017.
8. (10 points) The following information relates to the Windsor Company Ending Inventory (End-of-Year Prices) Index Price Date $63,500 December 31, 2013 100 December 31, 2014 105,434 119 December 31, 2015 113,446 131 December 31, 2016 128,792 136 141 December...
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 Pina Company. Date December 31, 2013 December 31, 2014 December 31, 2015 December 31, 2016 December 31, 2017 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 Pina Company for 2013 through 2017. Ending Inventory 2013 2014 2015 2016 2017
Presented below is information
related to Sheffield Company. Date Ending Inventory (End-of-Year
Prices) Price Index December 31, 2014 $ 84,700 100 December 31,
2015 164,199 147 December 31, 2016 161,112 168 December 31, 2017
181,636 182 December 31, 2018 218,932 196 December 31, 2019 258,825
203
Your answer is partially correct. Try again. Presented below is information related to Sheffield Company. Ending Inventory (End-of-Year Price Date Prices) Index December 31, 2014 $ 84,700 100 December 31, 2015 164,199 147 December...
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