(Solved): 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 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

	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 Quality and Well-Researched Papers

All ourbpapers are written from scratch. In fact, Clients who ask for paraphrasing services are highly discouraged. We have writers ready to craft any paper from scratch and deliver quality ahead of time.

Professional and Experienced Academic Writers

Our writers keeps you posted on your papers progress - providing you with paper outline/draft. You are also at liberty to communicate directly with your writer.

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 many cases quite ahead of 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

Type of paper needed:

Pages:

Academic level:

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.