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Other Fields Homework Help Accounting Topic started by: Sheena Maskell on Jan 9, 2017



Title: In 2010 Anika Co. adopted the simplified dollar-value LIFO method. Inventory under FIFO in 2009 and ...
Post by: Sheena Maskell on Jan 9, 2017
In 2010 Anika Co. adopted the simplified dollar-value LIFO method. Inventory under FIFO in 2009 and 2010 is $400,000 and $600,000, respectively. The Consumer Price Index for 2009 is 115 and the Consumer Price Index in 2010 is 125 percent. How much is Anika's inventory at the end of year 2010 under simplified LIFO?


Title: Re: In 2010 Anika Co. adopted the simplified dollar-value LIFO method. Inventory under FIFO in 2009 ...
Post by: MsLippy on Jan 9, 2017
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Title: Re: In 2010 Anika Co. adopted the simplified dollar-value LIFO method. Inventory under FIFO in 2009 and ...
Post by: Sheena Maskell on Mar 20, 2017
Perfect :raised_hands: