1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Kryger [21]
3 years ago
9

(1 pt.) Arna, Inc. uses the dollar-value LIFO method of computing its inventory. Data for the past 3 years follow. Year ended De

c. 31 Inventory at current year cost Price index 2012 $19,750 100 2013 22,140 108 2014 25,935 114 Instructions: Compute the value of the 2013 and 2014 inventories using dollar-value LIFO. g
Business
1 answer:
Natali5045456 [20]3 years ago
8 0

Answer:

A.2013 $20,560

B.2014 $23,125

Explanation:

2013 inventory at base amount ($22,140 ÷ 1.08)$20,500

2012 inventory at base amount(19,750)

Increase in base inventory $750

2013 inventory under LIFO

Layer one ($19,750 × 1.00)$19,750

Layer two ($750 × 1.08)810

Total $20,560

2014 inventory at base amount ($25,935 ÷ 1.14)$22,750

2013 inventory at base amount(20,500)

Increase in base inventory $2,250

2013 inventory under LIFO

Layer one ($19,750 × 1.00)$19,750

Layer two ($750 × 1.08)810

Layer three ($2,250 × 1.14)2,565

Total $23,125

You might be interested in
Who at Universal Studios hates FORBIDEN JURNY?
frosja888 [35]

MEEEEEEEEEEEEEEEEEE

°ω°

6 0
2 years ago
Suppose Kim is willing to pay $5 for her first ice cream sundae, $4 for a second ice cream sundae, and $2 for a third ice cream
Hatshy [7]

Answer:

5

Explanation:

5?? okay I'm not sure here but if shes getting all 3 for 2 dollars a piece then she only spent $6 dollars. 5+4+2 is 11. 11-6 is 5

7 0
3 years ago
What should recreational boaters keep in mind if traveling in waters where there are anglers and hunters?
amm1812
Recreational boaters travelling on such water should give a wide berth and keep away from the water areas where the hunters are carrying out their activities; the boaters should be safety conscious and alert. This is necessary in order to avoid accident. 
5 0
2 years ago
Before ending the meeting, John Noble informed Howie that he would be sending out an e-mail to all employees asking for suggesti
Brut [27]

Answer:

a) employees can be motivated by open communication.

Explanation:

The answer is that Howie does not realize that employees can be motivated by open communication because by asking employees suggestions as to how jobs could be restructured to improve productivity, John Noble is trying to have a direct communication allowing employees to express their thoughts which will make them feel as part of the company and valued which will result in them feeling motivated to perform well in their job.

The other options are not right because employees won't be giving their opinions thinking on equity and ways to simplify job tasks are not the only suggestions that employees can provide.

4 0
2 years ago
Honesty is important to rosa. She bought a sandwich that cost $3.50. However the clerk asked her for only $3. What should rosa d
dsp73
Be honest and pay the 50 cents.
3 0
3 years ago
Read 2 more answers
Other questions:
  • North Bank is analyzing Belle Corp.'s financial statements for a possible extension of credit. Belle's quick ratio is significan
    10·1 answer
  • The Attaran Corporation manufactures two electrical​ products: portable air conditioners and portable heaters. The assembly proc
    13·1 answer
  • which term describes an insured, a partner or an employee with custody of insured property outside the insured premises?
    10·2 answers
  • Guys I need HELP!!!<br> What is investing?
    7·1 answer
  • The Polishing Department of Marigold Company has the following production and manufacturing cost data for September. Materials a
    15·1 answer
  • How do job agencies help you find a job and how does it work?
    10·1 answer
  • Techincal analysis of stock market focuses on which of the following
    8·1 answer
  • Domestic Market for Steel, Alpha
    5·1 answer
  • What is the quantity of money demanded when the interest rate is 6%? quantity: $ billionbillion What is the quantity of money de
    14·1 answer
  • Please help it id urgent!
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!