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Help On January 1, 2021, Badger Inc adopted the dollar-value LIFO method. The inventory cost on this date was $100,500. The ending inventory, valued at
Help On January 1, 2021, Badger Inc adopted the dollar-value LIFO method. The inventory cost on this date was $100,500. The ending inventory, valued at year-end costs, and the relative cost index for each of the next three years is below. Year-end 2021 2022 2023 Ending inventory at year-end costs $127,575 145,200 155,700 Cost Index 1.85 1.10 1.2e What inventory balance would Badger report on its 12/31/2023 balance sheet? Multiple Choice 5129.750 5131625 5:55.700 None of these answer choices are correct Robertson Corporation's Inventory balance was $33,200 at the beginning of the year and $40,000 at the end. The inventory turnover ratlo for the year was 5.6 and the gross profit ratio 40% What were net sales for the year? (Round your answer to the nearest dollar amount.) Multiple Choice $204,960 O $341,600 $512,400 O $224.000
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