subject
Business, 06.04.2021 04:40 ScardeySpider

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 $201,000. Year-end inventories at year-end costs and cost indexes for its one inventory pool were as follows: Year Ended Ending Inventory Cost Index December 31 at Year-End Costs (Relative to Base Year) 2021 $ 291,600 1.08 2022 376,420 1.18 2023 355,350 1.15 2024 349,650 1.11 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 20:40
Spartan credit bank is offering 7.5 percent compounded daily on its savings accounts. you deposit $5,900 today. a. how much will you have in the account in 4 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. how much will you have in the account in 12 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. how much will you have in the account in 19 years?
Answers: 2
question
Business, 23.06.2019 00:50
Amanufacturing firm is considering overhauling the existing compensation strategy. currently every front line employee who works on the assembly line earns the same hourly wage. ideally, management would like to institute a new pay system that involves pay-for-performance. which of the following recommendations is both consistent with scientific management's general emphases and generally good advice for management of this firma. the firm should adopt a differential pay system with one pay level for average performance, and a higher level for good performance. b. the firm should adopt a differential pay system, but the firm should modify it from its original design and provide many different levels of pay associated with different performance levels. c. the firm should understand worker psychology and to focus on pay as the key motivator. d. all of the abovee. none of the above
Answers: 1
question
Business, 23.06.2019 09:40
When providing the square footage of a property for sale, the salesperson should disclose what?
Answers: 3
question
Business, 23.06.2019 13:20
Use the drop-down menus to complete each sentence. according to the theories of friedrich august von hayek, the economy may be too complicated to think in terms . hayek believed was dangerous and could lead to severe inflation. milton friedman supported changes policy to influence economic growth.answers : aggregates; expansionary policy; monetary 
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
History, 21.01.2021 01:00
question
Mathematics, 21.01.2021 01:00
question
Mathematics, 21.01.2021 01:00
question
Chemistry, 21.01.2021 01:00
question
Mathematics, 21.01.2021 01:00
question
Mathematics, 21.01.2021 01:00
Questions on the website: 13722360