Lifo inventory method, Winnebago Industries, Inc. is a

Lifo inventory method

Assignment Help Financial Accounting

Reference no: EM13945436

Winnebago Industries, Inc. is a leading manufacturer of motor homes. Suppose Winnebago reported ending inventory at August 29, 2014, of $46,130,000 under the LIFO inventory method. In the notes to its financial statements, assume Winnebago reported a LIFO reserve of $30,596,000 at August 29, 2014. What would Winnebago Industries' ending inventory have been if it had used FIFO? The 2014 ending inventory assuming FIFO is $__________

Reference no: EM13945436

Questions Cloud

Generate the pseudocode for each of the classes. : Generate an object-oriented design for a system that keeps tracks of your CD and DVD collection.

Explain the impact of the proliferation of mobile devices : Analyze and explain the impact of the proliferation of mobile devices on cloud-based computing in various industries. For example, the rise of mobile phones and cloud-based computing.

What is the weighted average contribution margin per unit : Lambardi Company sells 3 types of bags. Bag A sells for $17 and has variable cost of $9.00 per unit. Bag B sells for $16 and has variable cost of $12.00 per unit. Bag C sells for $7 and has variable costs of $6.00 per unit. Lambardi sells in a mix of..

Estimate the value per share-dividend discount model : Johnson and Johnson reported earnings per share of $6.400 in 2013 and paid dividends per share of $3.40 in that year. The firm reported depreciation of $630 million in 2013 and capital expenditure of $950 million. Estimate the value per share, using ..

Lifo inventory method : Winnebago Industries, Inc. is a leading manufacturer of motor homes. Suppose Winnebago reported ending inventory at August 29, 2014, of $46,130,000 under the LIFO inventory method

How many times did the product work before it stopped : State exactly what is wrong with the product or service. Be factual. Precise information will enable the reader to understand and act on your complaint. How many times did the product work before it stopped? What parts were malfunctioning

Write pseudocode to represent the logic of a program : Write pseudocode to represent the logic of a program that allows the user to enter values for the width and length of a room's floor in feet. The program outputs the area of the floor in square feet.

Automated citation manager to perform : Select one theme discussed in chapters 10 through 13 of our textbook. Go to scholar.google.com and search for published articles on that theme. Filter your results to show only those works published this year. Select five articles that interest yo..

Phones must be sold to achieve the breakeven point : U.S. Telephone Cellular sells phones for $100. The unit variable cost per phone is $50 plus a selling commission of 10% (based on the unit sales price per phone). Fixed manufacturing costs total $1,210 per month, while fixed selling and administrativ..

User Account

All Pages