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On January 1, 2020 Materazzi inc adopted the dollar value LIFO inventory method (single pooh for income tax and external financial reporting purposes while maintaining
On January 1, 2020 Materazzi inc adopted the dollar value LIFO inventory method (single pooh for income tax and external financial reporting purposes while maintaining the FIFO inventory method for internal records. The following data are available for Materazzi's inventory, which comprises products A and B Inventory Inventory Inventory (12/31/2019) (12/31/20201 (12/31/2021) No. of units Unit Cost No. of Units Unit Costs) No. of units Unt Cost 153 35.000 2.000 100.000 1.800 99.000 3000 10,000 4.000 16 000 6.075 25 000 1520 A Calculate the price index for 2020 and 2021 311200 TE.. PC Words QUESTION 34 What is the 2020 year-end inventary balance using dollar-value LIFO? Words QUESTION 35 What is the 202 year-end inventory balance using dollar value UFO? Calculate the price index for 2020 and 2021 TTT Anal 511200 TE Po QUESTION 34 What is the 2020 year and inventary balance using dollar-value LIFO7 TTT A 31200 TEE. QUESTIONS What is the 202year-end inventory balance using dollar-value LIFO? TTT Anal 5/1200 T. QUESTION 36 What is the required 2021 journal anty at the end of the year to adjust the account balances from FIFO-based to LIFO-based amounts? TTTA > 11200 On January 1, 2020 Materazzi inc adopted the dollar value LIFO inventory method (single pooh for income tax and external financial reporting purposes while maintaining the FIFO inventory method for internal records. The following data are available for Materazzi's inventory, which comprises products A and B Inventory Inventory Inventory (12/31/2019) (12/31/20201 (12/31/2021) No. of units Unit Cost No. of Units Unit Costs) No. of units Unt Cost 153 35.000 2.000 100.000 1.800 99.000 3000 10,000 4.000 16 000 6.075 25 000 1520 A Calculate the price index for 2020 and 2021 311200 TE.. PC Words QUESTION 34 What is the 2020 year-end inventary balance using dollar-value LIFO? Words QUESTION 35 What is the 202 year-end inventory balance using dollar value UFO? Calculate the price index for 2020 and 2021 TTT Anal 511200 TE Po QUESTION 34 What is the 2020 year and inventary balance using dollar-value LIFO7 TTT A 31200 TEE. QUESTIONS What is the 202year-end inventory balance using dollar-value LIFO? TTT Anal 5/1200 T. QUESTION 36 What is the required 2021 journal anty at the end of the year to adjust the account balances from FIFO-based to LIFO-based amounts? TTTA > 11200
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