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Maslowich
3 years ago
6

On January 1, 2021, Badger Inc. adopted the dollar-value LIFO method. The inventory cost on this date was $100,100. The ending i

nventory, valued at year-end costs, and the relative cost index for each of the next three years is below:Year-end Ending inventory atyear-end costs Cost Index2021 $ 126,315 1.05 2022 143,440 1.10 2023 154,020 1.20 In determining the inventory balance for Badger to report in its 12/31/2022 balance sheet:Multiple ChoiceAn additional layer of $23,110 is added to the 12/31/2021 balance.An additional layer of $11,110 is added to the 12/31/2021 balance.An additional layer of $22,110 is added to the 12/31/2021 balance.None of these answer choices are correct.
Business
1 answer:
natima [27]3 years ago
3 0

Answer:

oh ok im a little bit confused but can u give me the answer choices if there is any

Explanation:

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Answer:

should choose option a

Explanation:

option a)

annuity due, 31 payments of $180,000 per year, 6.25% discount rate

Present value = $180,000 x 14.40432 (PV annuity due factor, 6.25%, 31 periods) = $2,592,726

option b)

$500,000 today + ordinary annuity, 30 periods, 6.25%, $144,000

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2 years ago
Aletha has been having difficulty in her first-period history class. one day aletha misses the school bus. she has to walk to sc
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She is not being proactive and waking up early enough to get on the bus
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3 years ago
If a family spends its entire budget in a given time frame, the family can afford either 90 cans of vegetables or 60 frozen pizz
Alborosie

Answer:

60 frozen dinners is better

Explanation:

4 0
3 years ago
Durban Metal Products, Ltd., of the Republic of South Africa makes specialty metal parts used in applications ranging from the c
gladu [14]

Answer:

<u>Overhead Report for heavy-duty trailer axles.</u>

Order size ($ 16.85 × 200)              $3,370.00

Customer orders ($ 320.00 × 1)        $320.00

Product testing ($ 89.00 × 4)            $356.00

Selling ( $ 1,090.00 × 2)                  $2,180.00

Total                                                 $6,226.00

Conclusion :

The total overhead cost assigned to the order is $6,226.00

Explanation:

ABC system allocates overheads to jobs using cost drivers.

First an Activity Center where costs accumulate is identified these can be several in our scenario we have four Activity Centers.

Then the Cost driver rate is calculated for each Activity Center. Our question has provided these.

The final step is to allocate the overheads to a particular job using the cost driver rate.

7 0
3 years ago
A market analyst is developing a regression model to predict monthly household expenditures on groceries as a function of family
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Answer and Explanation:

expenditures on groceries

4 0
3 years ago
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