Presented below is information related to Kaisson Corporation for the last 3 years. //d2vlcm61l7u1fs.cloudfront.net/media%2F3d2%2F3d2338c1-c724-42f8-87ef-77a3c44e2f8b%2FphpxwMobw.png...
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Presented below is information related to Kaisson Corporation for the last 3 years.
Problem 8-10 Presented below is information related to Kaiss Corporation for the last 3 years, on Base Year Cost Cu ent Year Cost Quantities n Ending tem Inventories Unit Cost Amount Un Cost Amoul 9,000 $2.00 $18,000 $2.20 $19,800 6,000 3.00 18,000 3.55 21.300 4000 5.00 20,000 5.40 21,600 $62,700 Totals $56,000 December 31.2017 9,000 $2,00 $18,000 $2.60 $23,400 6.800 3.00 20,400 3.75 25,500 6,000 5.00 30,000 6.40 38,400 Totals $68,400 $87,300 December 3 2018 $2.00 $16,000 $2.70 $21,000 8,000 8,000 3.00 24,000 4.00 32,000 0,000 5.00 30,000 6.20 37.200. Totals $70,000 $90,800 Compute indexes. (Round price index to 0 decimal places, e.g. 162.) Compute the ending inventories under the dolla LIFO method for 2016, 2017, and 2018. The base period is anuary 1, 2016, and the beginning inventory cost at that date was $45,000. (Round answers to 0 decimal places, e.g. 5,620.) Ending Inventories LINK To TEXT
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