Practice Brief Exercise 8-04 Sheridan Company had ending inventory at end-of-year prices of $206,500 at December...
Blossom Company had ending inventory at end-of-year prices of $216,500 at December 31, 2016; 239,700 at December 31, 2017; and $252,500 at December 31, 2018. The year-end price indexes were 100 at 12/31/16, 106 at 12/31/17, and 110 at 12/31/18. Compute the ending inventory for Blossom Company for 2016 through 2018 using the dollar-value LIFO method. (
*Brief Exercise 8-8 Waterway Company had ending inventory at end-of-year cost of $126,100 at December 31, 2016; $154,584 at December 31, 2017; and $170,289 at December 31, 2018. The year-end price indexes were 100 at 12/31/16, 114 at 12/31/17, and 119 at 12/31/18. Compute the ending inventory for Waterway Company for 2016 through 2018 using the dollar-value LIFO method. 2018 2017 2016 Ending Inventory $
Brief Exercise 8-8 Your answer is partially correct. Try again. Bramble Company had ending inventory at end-of-year cost of $135,700 at December 31, 2016: $165,528 at December 31, 2017; and $177,255 at December 31, 2018. The year-end price indexes were 100 at 12/31/16, 114 at 12/31/17, and 117 at 12/31/18 Compute the ending Inventory for Bramble Company for 2016 through 2018 using the dollar-value LIFO method. 2016 2017 2018 Ending Inventory 195,700 146530) Click If you would like to show...
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 $
Practice Exercise 8-04 Presented below is information related to Larkspur, Inc. Price Index Date End-of-Year Inventory (End-of-Year Prices) $1,230,000 1,554,000 1,562,000 1,848,600 100 December 31, 2017 December 31, 2018 December 31, 2019 December 31, 2020 105 110 117 Compute the ending inventory for Larkspur, Inc. for 2017 through 2020 using the dollar-value LIFO method. Ending Inventory 2017 $ 1230000 2018 $ 2019 $ 2020 $
splish company had ending inventory at end of year Cost of a $124000 at December 31 2016; $148000 in 288 and December 31, 2017; and $154964 at December 31, 2018. The year and price indexes were a 100 at 12/31/16, 112 at 12/31/17, and 118 at 12/31/18. Compute the ending inventory for splish company for 2016 through 2018 using the dollar-value LIFO method a y correct. Thyagan 21/16, 11213/31/17 intery at and 4000 at Decembar 1. 2016: 5148.78 December 3,...
Question 1 View Policies Current Attempt in Progress Oriole Company had ending Inventory at end-of-year prices of $122.000 at December 31, 2019, $146,278 at December 31, 2020, and $164,100 at December 31, 2021. The year-end price indexes were 100 at 12/31/19, 110 at 12/31/20, and 120 at 12/31/21. Compute the ending inventory for Oriole Company for 2019 through 2021 using the dollar-value LIFO method. 2021 2020 2019 Ending Inventory $
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...
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