Assignment Gradebook ORION Downloadable eTextbook actice nment Exercise 8-22 You

Question

Assignment Gradebook ORION Downloadable eTextbook actice nment Exercise 8-22 Your answer is partially correct. Try again. Presented below is information related to Bramble Company. Ending Inventory (End-of-Year Prices) Price Index Date 87,400 152,755137 148,824156 168,493 200,018 238,140 100 December 31, 2014 December 31, 2015 December 31, 2016 December 31, 2017 December 31, 2018 December 31, 2019 169 182 189 Compute the ending inventory for Bramble Company for 2014 through 2019 using the dollar-value LIFO method. Ending Inventory 2014 2015 12041 2016 2017 Roky l2000-201,Jahnmlerasona inc. All Rights Reserved. A Division of 2abertasse tina

Explanation / Answer

Calculate ending inventory under dollar lifo method :

2014 87400 2015 (87400*1+24100*1.37) 120417 2016 (87400*1+8000*1.37) 98360 2017 (87400*1+12300*1.37) 104251 2018 (87400*1+22500*1.37) 118225 2019 (87400*1+24100*1.37+14500*1.89) 147822

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