E8-25 - 90,500 2007 80,000 @1.00 80,000 10,000@1.05 10,500...

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Year Current Price Price index Base year Different 2004 80,000 1 80,000 0 2005 115,500 1.05 110,000 30,000 2006 108,000 1.2 90,000 -20,000 2007 122,200 1.3 94,000 4,000 2008 154,000 1.4 110,000 16,000 2009 176,900 1.45 122,000 12,000 Ending Inventory LIFO 2004 80,000 2005 80,000 @ 1.00 80,000 30,000 @ 1.05 31,500 111,500 2006 80,000@1.00 80,000 10,000 @ 1.05 10,500
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Unformatted text preview: 90,500 2007 80,000 @1.00 80,000 10,000@1.05 10,500 4,000@1.30 5,200 95,700 2008 80,000@1.00 80,000 10,000@1.05 10,500 4,000@1.30 5,200 16,000@1.40 22,400 118,100 2009 80,000@1.00 80,000 10,000@1.05 10,500 4,000@1.30 5,200 16,000@1.40 22,400 12,000@1.45 17,400 135,500...
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This note was uploaded on 12/06/2010 for the course ACCOUTING ACC/300 taught by Professor Tontis during the Fall '08 term at University of Phoenix.

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