Gardner Denver The questions below relate to the attached excerpts from Gardner Denver's 2005 10-K filing. Before proceeding, review the following excerpt from the 10-K that describes the business activities of Gardner Denver, Inc.: 1. What inventory cost flow assumptions are used at Gardner Denver? 2.
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Gardner Denver Model ESEB1755RPM 20 HP tank mounted air compressor, air cooled, with Gardner Denver Model 242AUX645, S/N N6541 air receiving tank, National Board Number 48341, 200 PSI at 650 degrees F, shell thk .1875, head thk .175, head d.r. 2-1
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carrying value of total inventory for each of the cost flow assumptions used by Gardner Denver? 4. If all inventory was accounted for on a FIFO basis, what would value would reported inventory had been at 12/31/2005? 5. What amount of cost of goods sold did Gardner Denver report for fiscal year 2005? 6.
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