Course Solutions Uncategorized (Answered) : Presented Information Related Kingbird Corporation Last 3 Years Base Year Cost Current Yea Q27958164

(Answered) : Presented Information Related Kingbird Corporation Last 3 Years Base Year Cost Current Yea Q27958164

Presented below is information related to Kingbird Corporationfor the last 3 years.

Base-Year Cost

Current-Year Cost

Item

Quantities
in Ending
Inventories

Unit Cost

Amount

Unit Cost

Amount

December 31, 2016
A 10,900 $2.56 $27,904 $2.82 $30,738
B 7,900 3.84 30,336 4.54 35,866
C 5,900 6.40 37,760 6.91 40,769
Totals $96,000 $107,373
December 31, 2017
A 10,900 $2.56 $27,904 $3.33 $36,297
B 8,700 3.84 33,408 4.80 41,760
C 7,900 6.40 50,560 8.19 64,701
Totals $111,872 $142,758
December 31, 2018
A 9,900 $2.56 $25,344 $3.46 $34,254
B 9,900 3.84 38,016 5.12 50,688
C 7,900 6.40 50,560 7.94 62,726
Totals $113,920 $147,668
Compute indexes. (Round price index to 0 decimalplaces, e.g. 162.)

2016

2017

2018

Index

Compute

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