Answer:
Windsor Company
year Inventory Indexes Inventory Change from prior y
at year prices at base year price
2013 $63,500 100 63,500 -
2014 105,434 119 88,600 25,100
2015 113,446 131 86,600 (2000)
2016 128,792 136 94,700 8,100
2017 118,158 141 83,800 (10,900)
Dollar Value Inventory
Dec 31 , 2013 $63,500 at 1.00 <u>$63,500</u>
Dec 31, 2014 $63,500 at 1.00 $63,500
25,100 * 1.19 <u> 29,869</u>
<u>93,369</u>
Dec 31 2015 $63,500*1.00 63,500
23,100*1.19 <u>27,489</u>
<u> 90,989</u>
Dec 31, 2016 $63,500*1.00 63,500
23,100*1.19 27,489
8,100*1.36 <u> 11,016</u>
<u> 102,005</u>
Dec 31 , 2017 $63,500*1.00 63,500
20,300*1.19 <u> 24,157</u>
<u> 87,657 </u>
Explanation:
