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Problem 8-10 Presented below is information related to Blue Corporation for the last 3 years. Base-Year Cost Current-Year Cost Quantities in Ending Item Inventories Unit
Problem 8-10 Presented below is information related to Blue Corporation for the last 3 years. Base-Year Cost Current-Year Cost Quantities in Ending Item Inventories Unit Cost Amount Unit Cost Amount December 31, 2019 $2.00 $22,400 A. 11,200 S2.20 $24,640 B 6,300 3.00 18,900 3.55 22,365 C 4,200 5.00 21,000 5.40 22,680 Totals $62,300 $69,685 December 31, 2020 A 11,200 $2.00 $22,400 27,000 s2.60 $29,120 33,750 9,000 3.00 3.75 C 6,300 5.00 31,500 6.40 40.320 $103,190 Totals $8D,900 December 31, 2021 $2.00 $20,400 $27,540 A 10,200 S2.70 3D,600 40,800 B 10,200 6,300 3.00 4.00 C 5.00 31,500 6.20 39.060 Totals $82,500 $107,400 Your answer is correct. Compute indexes. (Round price index to 2 decimal places, c.g. 1.62.) 2019 2020 2021. Index 1.12 1.28 1.30 LINK TO TEXT Your answer is incorrect. Try again Compute the ending inventories under the dollar-value LIFO method for 2019, 2020, and 2021. The base period is January 1, 2019, and the beginning inventory cost at that date was $44,700. (Round answers to 0 declmal places, e.g. 5,620.) 2019 2020 2021 69685 Ending Inventories Click if you would like to Show Work for this question: Open Shaw Work
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