ANSWERS TO QUESTIONS

Base-Year Cost Current-Year Cost Product Units Unit Total Unit Total A 25,500 $10.20 $260,100 $19.00 $484,500 B 10,350 $37.00 382,950 $45.60 471,960 December 31, 2007 inventory $643,050 $956,460 Current-Year Cost = $956,460 = 148.74, index at 12/31/07. Base-Year Cost $643,050 Questions Chapter 8 … ................
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