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4. please help Color Wheel. Int. manufactures and distributes house paints. Color Wheel uses the dotarvatun LIFO method Information for 2022 2023 and 2024 is
4. please help
Color Wheel. Int. manufactures and distributes house paints. Color Wheel uses the dotarvatun LIFO method Information for 2022 2023 and 2024 is presented in the following tables The Guardative price Indicts fot 2022 2023 und 2004 respectively aro 10000, 1.0110, and 1,0509 Click the icon to view the data) Road the requirements Requirement Compute the compws ending inventory using dollar al LIFO for each year. Round to the new dolar (Ute price index amount to four decimates as given in the information xxxxx Round im currency Coutind the words you to Wo the cells below to the newest Whole dolar) 2022 30.000 Yeu 2022 yer 2009 2024 Ending memory undertakeLIFO 2023 305.000 1 974 2024 365.000 974 45308 335.000 365074 411372 Ty using dd you enter Data table X unts to four decim 2022 365,00 Year 2022 - Base year 2023 $ Inventory - FIFO 365,000 $ 370,000 430,000 2024 A 365,00 Print Done Ask my instructor Clea o ouse paints. Color Wheel uses the dollar-value LIFO method. Information for 2022, 2023, and 2024 is presented in 2024 respectively are 1.0000, 1.0110, and 1.0509. invent amount Requirements - X decimal $ a. Compute the company's ending inventory using dollar-value LIFO for each year. Round to the nearest dollar. b. Prepare the journal entry required to adjust the LIFO reserve for each year. Print Done stor Clear Ask my instructor 31 o Step by Step Solution
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