Blossom Co., a wholesale company, had the following information in its general ledger for the year 2018.

Merchandise purchased for resale		$530,000
Purchase returns		9,500
Marketing expense		7,000
Freight-in		18,500
Interest on notes payable to vendors		4,000
Freight-out (delivery expense on sales)		22,650
Cash discounts on purchases		5,300

What is Blossoms inventoriable cost for 2018?

Blossoms inventoriable cost for 2018

$enter Blossoms inventoriable cost for 2018

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Splish Brothers, Inc.s inventory of $872,000 at December 31, 2017, was based on a physical count of goods priced at cost. The total does not include any adjustments for the following items.

(a)		Goods shipped from a vendor f.o.b. destination on December 24, 2017, at an invoice cost of $11,000 to Splish Brothers were received on January 4, 2018. These goods were excluded from the physical count.
(b)		The physical count excluded goods held by a retailer (Deals Corp.) on consignment for Splish Brothers, Inc. The cost of these goods to Splish Brothers was $34,000. Splish Brothers did not record a sale when it shipped the goods to Deals.
(c)		The inventory included $45,000 of goods that were in Splish Brotherss warehouse on the morning of December 31, 2017 but were shipped to a customer f.o.b. shipping point later that day, after they had been included in the physical inventory count.

What inventory amount should appear on Splish Brotherss December 31, 2017 balance sheet?

Inventory to be reported

$enter the dollar amount of inventory

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Culver Corp. had 1,800 units of part T on hand April 1, 2017, costing $8 each. During April, Culver made the following purchases of part T.

			Units		Unit Cost
April	4		3,100		$8.25
	10		4,600		8.40
	19		1,000		9
	29		2,600		9.90

A physical count at April 30, 2017 showed 3,700 units of Part T on hand. Using the FIFO method, what is the cost of part T inventory at April 30, 2017? Using the LIFO method, what is the inventory cost? Using the average-cost method, what is the inventory cost? (Round average cost per unit to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 1,620.)

		FIFO		LIFO		Average Cost
Inventory Cost		$enter inventory cost in dollars rounded to 2 decimal places		$enter inventory cost in dollars rounded to 2 decimal places		$enter inventory cost in dollars rounded to 2 decimal places

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Sunland Company has used the dollar-value LIFO method since January 1, 2017. Sunland uses internal price indexes and multiple pools. At the end of calendar year 2018, the following data are available for Sunlands inventory pool A.

Inventory		At Base-Year Cost		At Current-Year Cost
January 1, 2017		$1,000,000		$1,000,000
December 31, 2017		1,260,000		1,386,000
December 31, 2018		1,310,000		1,493,400

Computing an internal price index and using the dollar-value LIFO method, at what amount should the inventory in Pool A be reported at December 31, 2018?

		December 31, 2018
Price Index		enter the price index
Dollar-value LIFO inventory		$enter the inventory in dollars