(Question and Answer): Chrome File Edit View History Bookmarks People Window Help イ令5796 E-ET] Tue 1:57:39 AM Nupur Kaur Q。E ● N Netf

Chrome File Edit View History Bookmarks People Window Help イ令5796 E-ET] Tue 1:57:39 AM Nupur Kaur Q。E ● N Netflix 4. x E, Forum: Yo × ) Pinterest × Peoria Emx @ Spinbot.c × . Cengage × : Cengage: x D chapter ε × R Facebook x e Accountir x、 Divyot ← ⓘ ezto.mheducation.com/hm.tpx Apps 。▶ Non Stop Bhangr N Netflix O Learn Kirtan : Deh s...-online books Course: F 17 Planeta-.. Cengage NOWV2 | A...。(1) Old Bollywood s.. Other Bookmarks 10.00 points On January 1, 2016, the Haskins Company adopted the dollar-value LIFO method for its one inventory pool. The pools value on this date was $820,000. The 2016 and 2017 ending inventory valued at year-end costs were $858,000 and $945,000, respectively. The appropriate cost indexes are 1.04 for 2016 and 1.08 for 2017 Required: Complete the below table to calculate the inventory value at the end of 2016 and 2017 using the dollar- value LIFO method. Ending Inventory DVL Cost Inventory Layers Converted to Base Year Cost Inventory Layers Converted to Cost Inventory at Year- End Cost Year-End Cost Index Inventory Layers at Base Year Cost Year-End Cost Index Inventory Layers Converted to Cost Inventory Date Layers at Base Year Cost 01/01/2016 Base Base 2016 Base 2016 2017 12/31/2016 12/31/2017 39

Chrome File Edit View History Bookmarks People Window Help イ令5796 E-ET] Tue 1:57:39 AM Nupur Kaur Q。E ● N Netflix 4. x E, Forum: Yo × ) Pinterest × Peoria Emx @ Spinbot.c × . Cengage × : Cengage: x D chapter ε × R Facebook x e Accountir x、 Divyot ← ⓘ ezto.mheducation.com/hm.tpx Apps 。▶ Non Stop Bhangr N Netflix O Learn Kirtan : Deh s…-online books Course: F 17 Planeta-.. Cengage NOWV2 | A…。(1) Old Bollywood s.. Other Bookmarks 10.00 points On January 1, 2016, the Haskins Company adopted the dollar-value LIFO method for its one inventory pool. The pool’s value on this date was $820,000. The 2016 and 2017 ending inventory valued at year-end costs were $858,000 and $945,000, respectively. The appropriate cost indexes are 1.04 for 2016 and 1.08 for 2017 Required: Complete the below table to calculate the inventory value at the end of 2016 and 2017 using the dollar- value LIFO method. Ending Inventory DVL Cost Inventory Layers Converted to Base Year Cost Inventory Layers Converted to Cost Inventory at Year- End Cost Year-End Cost Index Inventory Layers at Base Year Cost Year-End Cost Index Inventory Layers Converted to Cost Inventory Date Layers at Base Year Cost 01/01/2016 Base Base 2016 Base 2016 2017 12/31/2016 12/31/2017 39

Expert Answer

 

Don't use plagiarized sources. Get Your Custom Essay on
(Question and Answer): Chrome File Edit View History Bookmarks People Window Help イ令5796 E-ET] Tue 1:57:39 AM Nupur Kaur Q。E ● N Netf
Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT!
Order Essay
Inventory Layer converted to base year Cost Inventory Layer converted to Cost
Inventory at year end cost Year end cost index Inventory Layer at base year cost Increase / (decrease) Year Inventory Layers Year end cost index Inventory layers at added year cost Ending Inventory DLV Cost
01.01.2016        820,000 1/1          820,000 Base layer           82,000                 1       82,000 82000
31.12.2016        858,000 1/1.04          825,000         5,000 Base layer 820000                 1     820,000 825,200
2016 5000 1.04          5,200
31.12.2017 945000 1/1.08          875,000       50,000 Base layer 820000                 1     820,000 879,200
2016 5000 1.04          5,200
2017 50000 1.08       54,000
Inventory Layer converted to base year Cost Inventory Layer converted to Cost
Inventory at year end cost Year end cost index Inventory Layer at base year cost Increase / (decrease) Year Inventory Layers Year end cost index Inventory layers at added year cost Ending Inventory DLV Cost
31.12.2016        216,000 1/1          216,000 Base layer        216,000                 1     216,000 82000
31.12.2017        264,600 1.05          252,000       36,000 Base layer 216000                 1     216,000 253,800
2017 36000 1.05       37,800
31.12.2018 354200 1.15          308,000       56,000 Base layer        216,000                 1     216,000 318,200
2017           36,000 1.05       37,800
218           56,000 1.15       64,400
31-12-2019 357600 1.2          298,000      -10,000 Base layer        216,000                 1     216,000 306,700
2017           36,000 1.05       37,800
218           46,000 1.15       52,900

Top Grade Homework
Order NOW For a 10% Discount!
Pages (550 words)
Approximate price: -

Why Work with Us

Top Quality and Well-Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Professional and Experienced Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.

Essays

Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

Admissions

Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

Reviews

Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

Reviews

Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.

× Contact Live Agents