Business, 16.12.2020 17:40 Bukdom

Bonita Industries began using dollar-value LIFO for costing its inventory two years ago. The ending inventory for the past two years in end-of-year dollars was $286000 and $465000 and the year-end price indices were 1.0 and 1.2, respectively. Assuming the current inventory at end of year prices equals $650000 and the index for the current year is 1.25, what is the ending inventory using dollar-value LIFO

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 05:30, person76

Suppose jamal purchases a pair of running shoes online for $60. if his state has a sales tax on clothing of 6 percent, how much is he required to pay in state sales tax?

Answers: 3

continue

Business, 22.06.2019 12:40, gldven7636

When cell phones were first entering the market, they were relatively large and reception was undependable. all cell phones were essentially the same. but as the technology developed, many competitors entered, introducing features unique to their phones. today, cell phones are only a small fraction of the size and weight of their predecessors. consumers can buy cell phones with color screens, cameras, internet access, daily planners, or voice activation (and any combination of these features). the history of the cell phone demonstrates what marketing trend?

Answers: 3

continue

Business, 22.06.2019 14:50, 2020EIglesias180

Pederson company reported the following: manufacturing costs $480,000 units manufactured 8,000 units sold 7,500 units sold for $90 per unit beginning inventory 2,000 units what is the average manufacturing cost per unit? (round the answer to the nearest dollar.)

Answers: 3

continue

Business, 22.06.2019 21:20, fespinoza019

Rediger inc., a manufacturing corporation, has provided the following data for the month of june. the balance in the work in process inventory account was $28,000 at the beginning of the month and $20,000 at the end of the month. during the month, the corporation incurred direct materials cost of $56,200 and direct labor cost of $29,800. the actual manufacturing overhead cost incurred was $53,600. the manufacturing overhead cost applied to work in process was $52,200. the cost of goods manufactured for june was:

Answers: 2

continue

You know the right answer?

Bonita Industries began using dollar-value LIFO for costing its inventory two years ago. The ending...