Question: 2033 Computing Ending Inventory using DollarValue LIFO On january 1, 2020. Wenn Company changed from PO TO UFO for income tax and external reporting purposes.

 2033 Computing Ending Inventory using DollarValue LIFO On january 1, 2020.

2033 Computing Ending Inventory using DollarValue LIFO On january 1, 2020. Wenn Company changed from PO TO UFO for income tax and external reporting purposes. At that date, the beginning RFO inventory the base Inventory for UFO purposes was $420,000. The following information is available from Bennes records for the years 2020 through 2022 Year Ending mentary on Pro Base Price Index 20:20 2001 992000 604.500 60.000 Required Compute the ending inventory on a dollar value LiPo basis for each year, 2020 through 2023 Note: Do not round until your final answer. Round your final arter to the nearest whole dollar Deltag 2030 Dear UFO angry, 2021 0 DEUFO ending 2012 Dal 2011 0 Check Computing and Analyzing a UFO Liquidation Chides storage facility was shut down due to astroein December 2020 resulting in a drastic reduction in loventory. The company had switched to ufo effective January 1, 2020. The following data are available. Chide is on a calendar.year reporting bass Une al en werden UFO 18.000 11.00 In 200 112 To 3.000 SOLO 40.000 13 1100 414.000 0.000 What is the LIFO liquidation after tax profit or loss assuming a 25 tax rat? Note indicate a loss with a negative Check 2033 Computing Ending Inventory using DollarValue LIFO On january 1, 2020. Wenn Company changed from PO TO UFO for income tax and external reporting purposes. At that date, the beginning RFO inventory the base Inventory for UFO purposes was $420,000. The following information is available from Bennes records for the years 2020 through 2022 Year Ending mentary on Pro Base Price Index 20:20 2001 992000 604.500 60.000 Required Compute the ending inventory on a dollar value LiPo basis for each year, 2020 through 2023 Note: Do not round until your final answer. Round your final arter to the nearest whole dollar Deltag 2030 Dear UFO angry, 2021 0 DEUFO ending 2012 Dal 2011 0 Check Computing and Analyzing a UFO Liquidation Chides storage facility was shut down due to astroein December 2020 resulting in a drastic reduction in loventory. The company had switched to ufo effective January 1, 2020. The following data are available. Chide is on a calendar.year reporting bass Une al en werden UFO 18.000 11.00 In 200 112 To 3.000 SOLO 40.000 13 1100 414.000 0.000 What is the LIFO liquidation after tax profit or loss assuming a 25 tax rat? Note indicate a loss with a negative Check

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