subject
Business, 22.04.2021 18:50 haileywatkins

Kingston Company uses the dollar-value LIFO method of computing inventory. An external price index is used to convert ending inventory to base year. The company began operations on January 1, 2021, with an inventory of $228,000. Year-end inventories at year-end costs and cost indexes for its one inventory pool were as follows: Year, Ended December 31 Ending Inventory at Year-End Costs Cost. Index (Relative to Base Year)
2018 $319,360 1.03
2019 406,560 1.12
2020 384,770 1.09
2021 372,750 1.05
Required: Calculate inventory amounts at the end of each year. (Round intermediate calculations and final answers to the nearest whole dollars.)

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 03:30
Acrosswalk_when there are no pavement markings.
Answers: 1
question
Business, 22.06.2019 11:20
In 2000, campbell soup company launched an ad campaign that showed prepubescent boys offering soup to prepubescent girls. the girls declined because they were concerned about their calorie intake. the boys explained that โ€œlots of campbellโ€™s soups are low in calories,โ€ which made them ok for the girls to eat. the ads were pulled after parents expressed concern. why were parents worried? i
Answers: 2
question
Business, 22.06.2019 14:40
Which of the following would classify as a general education requirement
Answers: 1
question
Business, 22.06.2019 14:50
Ann chovies, owner of the perfect pasta pizza parlor, uses 20 pounds of pepperoni each day in preparing pizzas. order costs for pepperoni are $10.00 per order, and carrying costs are 4 cents per pound per day. lead time for each order is three days, and the pepperoni itself costs $3.00 per pound. if she were to order 80 pounds of pepperoni at a time, what would be the average inventory level?
Answers: 3
You know the right answer?
Kingston Company uses the dollar-value LIFO method of computing inventory. An external price index i...
Questions
question
Geography, 28.09.2019 01:30
question
Mathematics, 28.09.2019 01:30
question
Chemistry, 28.09.2019 01:30
Questions on the website: 13722361