Use the following information regarding Skysong, Inc. and Kingbird, Inc. to answer the question “Which amount is equal to Skysong, Inc.'s "days in inventory" for 2022 (to the closest decimal place)?” (Use 365 days for calculation.) * Year Inventory Turnover Ending Inventory Skysong, Inc. 2020 * $26800 * 2021 10.6 $31400 * 2022 10.2 $32400 *       Kingbird, Inc. 2020 * $26340 * 2021 8.5 $25230 * 2022 9.2 $23010

Subject: accounting

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The inventory of Coronado Company on December 31, 2020, consists of the following items. Part   Quantity   Cost per Unit   Net Realizable Value 110     620   $117.00   $123.00 111     920   73.80   64.00 112     530   98.40   93.00 113     190   209.10   221.40 120     370   252.00   256.00 121 a   1,700   20.00   1.00 122     330   295.20   289.00 a Part No. 121 is obsolete and has a realizable value of $1.00 each as scrap.(a) Determine the inventory as of December 31, 2020, by the LCNRV method, applying this method to each item. Inventory as of December 31, 2020   $enter the Inventory as of December 31 in dollars (b) Determine the inventory by the LCNRV method, applying the method to the total of the inventory. Inventory as of December 31, 2020   $enter the Inventory as of December 31 in dollars

Current Attempt in Progress The following information relates to the Edward Lewis Company. Ending Inventory (End-of-Year Prices) Price Date Index December 31, 2016 $ 69,100 100 December 31, 2017 116,874 129 December 31, 2018 126,841 143 December 31, 2019 142,376 148 December 31, 2020 131,670 154 Use the dollar-value LIFO method to compute the ending inventory for Lewis Company for 2016 through 2020. Ending Inventory 2016 $4 2017 2$ 2018 2019 2020 %24 eTextbook and Media %24

Hi, How do I calculate the correct amounts for this question?

Presented below is information related to Tamarisk Company. Date December 31, 2022 December 31, 2023 December 31, 2024 December 31, 2025 December 31, 2026 December 31, 2027 2022 2023 2024 2025 $ S Ending Inventory (End-of-Year Prices) Compute the ending inventory for Tamarisk Company for 2022 through 2027 using the dollar-value LIFO method. $ $87,400 115,875 114,342 127,635 153,166 184,458 Ending Inventory Price Index 87,400 100 103 118 127 137 142

What is the correct answer? A. P129,000 B. P135,000 C. P112,000 D. P127,600

The dollar-value LIFO method was adopted by Splish Corp. on January 1, 2025. Its inventory on that date was $413,600. On December 31, 2025, the inventory at prices existing on that date amounted to $392,000. The price level at January 1, 2025, was 100, and the price level at December 31, 2025, was 112. (a) Your answer is correct. Compute the amount of the inventory at December 31, 2025, under the dollar-value LIFO method. Inventory 12/31/25 under dollar-value LIFO method eTextbook and Media +A 350,000 Attempts: 1 of 4 used

1. Details of OCC Corp inventory balance and Cost of Good Sold are given below: $ Million 2022 2021 Inventory Balance 2032 1940 Cost of Goods Sold 22344 21998 OCC uses LIFO for valuation of approximately 60% of its inventory, and FIFO for the rest. LIFO reserve for 2022 and 2021 are respectively $ 205 and $212. What would be inventory values respectively for 2022 and 2021 if FIFO was being used for inventory valuation? a. $ 2237 and $ 2152 b. $ 1424 and $ 1376 c. $ 1827 and $1728 d. $ 2155 and $ 2067 e. None of the above