subject
Business, 15.04.2021 18:40 cairarichardsonn

Coronado Industries adopted the dollar-value LIFO method of inventory valuation on December 31, 2019. Its inventory at that date was $1110000 and the relevant price index was 100. Information regarding inventory for subsequent years is as follows: Date Inventory at Current Prices Current Price Index December 31, 2020 $1290000 106 December 31, 2021 1441000 124 December 31, 2022 1621000 129 What is the cost of the ending inventory at December 31, 2022 under dollar-value LIFO

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 06:30
The larger the investment you make, the easier it will be to: get money from other sources. guarantee cash flow. buy insurance. streamline your products.
Answers: 3
question
Business, 22.06.2019 11:10
The prebisch–singer hypothesis concludes that: a. technology lowers the cost of manufactured products, so developing countries should see an increase in their terms of trade. b. developing countries experience a long-run decline in their terms of trade, as the demand for primary products in higher-income countries declines relative to their demand for manufactured goods. c. because of unfair trading practices, labor in developing countries is exploited. d. opec has been responsible for a slowdown in the world's standard of living.
Answers: 3
question
Business, 22.06.2019 19:00
James is an employee in the widget inspection department of xyz systems, a government contractor. james was part of a 3-person inspection team that found a particular batch of widgets did not meet the exacting requirements of the u.s. government. in order to meet the tight deadline and avoid penalties under the contract, james' boss demanded that the batch of widgets be sent in fulfillment of the government contract. when james found out, he went to the vice president of the company and reported the situation. james was demoted by his boss, and no longer works on government projects. james has a:
Answers: 3
question
Business, 22.06.2019 20:00
Qwest airlines has implemented a program to recycle all plastic drink cups used on their aircraft. their goal is to generate $7 million by the end of the recycle program's five-year life. each recycled cup can be sold for $0.005 (1/2 cent). a. how many cups must be recycled annually to meet this goal? assume uniform annual plastic cup usage and a 0% interest rate. b. repeat part (a) when the annual interest rate is 12%. c. why is the answer to part (b) less than the answer to part (a)?
Answers: 1
You know the right answer?
Coronado Industries adopted the dollar-value LIFO method of inventory valuation on December 31, 2019...
Questions
question
History, 30.10.2021 02:10
question
Social Studies, 30.10.2021 02:10
question
Mathematics, 30.10.2021 02:10
Questions on the website: 13722360