User Account

All Pages

Computing an internal price index

Assignment Help Accounting Basics
Reference no: EM132161811

Question - Riverbed Company adapted the dollar-value LIFO method on January 1, 2017 (using internal price indexes and multiple pools). The following data are available for inventory pool A for the 2 years following adoption of LIFO.

Inventory

At Base-Year Cost

At Current-Year Cost

1/1/17

$218,200

$218,200

12/31/17

231,000

254,100

12/31/18

252,800

288,192

Computing an internal price index and using the dollar-value LIFO method, at what amount should the inventory be reported at December 31, 2018?

Reference no: EM132161811

Questions Cloud

What are four different applications where digitizing : What are four different applications where digitizing (spatial data creation and/or spatial data editing) would be useful.
Why is the host population important to tourism marketers : Why is the host population important to tourism marketers?
Examine the nursing theory components : Examine the nursing theory's components. Create plan for evaluating the effectiveness of care provided using this nursing theory.
Binary operator appears between the operands : Mathematical formulas are usually expressed in what is known as infix notation, in which a binary operator appears between the operands.
Computing an internal price index : Computing an internal price index and using the dollar-value LIFO method, at what amount should the inventory be reported at December 31, 2018
What is the expected value of the survey information : What is the expected value of the survey(sample) information?
Rankings for the password provided by the user : a). The program should display one of three rankings for the password provided by the user:
What clinical problem or issue the organization is facing : During your practicum, determine what clinical problem or issue the organization is facing. Discuss two implications for nursing.
What is the main issue for your organization : What is the main issue for your organization in addressing a solution to evidence-based nursing practice? Discuss what might be the first step in addressing.

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