Question
13. (6 points) Presented below is information related to Dino Radja Company. Date Ending Inventory (End-of-Year Prices) Price Index December 31, 2011 $ 100,400 100
13. (6 points) Presented below is information related to Dino Radja Company.
| Date | Ending Inventory (End-of-Year Prices) | Price Index | ||||
| December 31, 2011 | $ 100,400 | 100 | ||||
| December 31, 2012 | 132,400 | 110 | ||||
| December 31, 2013 | 153,200 | 115 | ||||
| December 31, 2014 | 166,494 | 119 | ||||
Compute the ending dollar-value LIFO inventory balance for Dino Radja Company for 2011 through 2014 using the dollar-value LIFO method.
| Ending Inventory | |||
| 2011 | $ | ||
| 2012 | $ | ||
| 2013 | $ | ||
| 2014 | $ |
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Alternative Minimum Tax For Individuals IRS Audit Technique Guide ATG
Authors: Internal Revenue Service
1st Edition
1304131556, 978-1304131553
