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Category > Accounting Posted 08 May 2018 My Price 8.00

Pina Company

Exercise 8-22

Presented below is information related to Pina Company.

 

Ending Inventory
(End-of-Year Prices)

  

Price
Index
December 31, 2014     $ 87,400     100
December 31, 2015     212,625     189
December 31, 2016     209,304     216
December 31, 2017     235,170     234
December 31, 2018     281,736     252
December 31, 2019     339,039     261


Compute the ending inventory for Pina Company for 2014 through 2019 using the dollar-value LIFO method.

Am I on the right track?? If not could you help me?

Answers

Maurice Tutor
(5)
Status NEW Posted 08 May 2018 09:05 PM My Price 8.00

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