User Account

All Pages

Compute the inventory at december

Assignment Help Accounting Basics
Reference no: EM132464677

Dollar-value LIFO.

  • Aber Company manufactures one product. On December 31. 2019. Aber adopted the dollar-value LIFO inventory method. The inventory on that date using the dollar-value LIFO inventory method was 5900.000. Inventory data are as follows.

                                Inventory at                           Price index

            Year             year-end prices                      fbase year 2019)

2020

31.260.000

1.05

2021

1.840.000

1.15

2022

1.900.000

1.25

Instructions (Show all calculations)

Question 1: Compute the inventory at December 31. 2020. 2021. and 2022. using the dollar-value LIFO method for each year.

Reference no: EM132464677

Questions Cloud

What is the p value of the the hypothesis test : What is the P value of the the hypothesis test to determine if the system has changed the average duration of service calls ? (Use 4 DECIMALS)
What is the rate of return to an investor in the fund : A closed-end fund starts the year with a net asset value of $31. By year-end, NAV equals $33.00. What is the rate of return to an investor in the fund
Find the probability that the number of college students : Find the probability that the number of college students who say they use credit cards because of the rewards program is? (a) exactly? two
What was the rate of return to an investor in the fund : Corporate Fund started the year with a net asset value of $14.70. By year-end, its NAV equaled $13.20. What was the rate of return to an investor in the fund
Compute the inventory at december : Compute the inventory at December 31. 2020. 2021. and 2022. using the dollar-value LIFO method for each year.Aber Company manufactures one product.
What is the probability that at least 2 of these babies : If 2 brown mice breed and have 3 new babies, what is the probability that at least 2 of these babies have white fur.
BSS057-6 Corporate Innovation and Entrepreneurship Assignmen : BSS057-6 Corporate Innovation and Entrepreneurship Assignment Help and Solution, University of Bedfordshire - Assessment Writing Service
Probability that repair takes more than 5 hours : Then let's determine, what is the probability that the repair takes more than 5 hours given that it takes more than three hours.
BA 4310 Foundations of Taxation Assignment : BA 4310 Foundations of Taxation Assignment Help and Solution - Michigan Technological University, USA. Calculate the gain recognized by A on the distribution

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd