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LAST-IN, FIRST-OUT INVENTORIES AND '
RESERVES
THE GLIDDEN COMPANY
AUGUST SI, 1857
N17182
GL0025014
-------- --_
LAST-IN. FIRST-OUT INVENTORIES AND
RESERVES August 31, 1957
INDEX
Summary of Inventories - All Divisions
Statement of L.I.F.O. Reserve by Divisions - (Expense Basis)
Inventory - L.I.F.O. - Statement of Level Reserve by Divisions
Statement of L.I.F.O, Reserves - Paint Divisions
Comparison of L.I.F.O, Values, Cost Values and Reserves: Sundry Metals Refining Division - Additional Items Southern Chemical Division
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Page Number
1 2 3 4
5-6
GLD025015
THE OUDDEN COMPANY - CLEVELAND. OHIO SUMMARY 0? INVENTORIES - ALL DIVISIONS
August SI, 2957
RAW MATERIALS AND SUPPLIES Row materials Packages and packing material Vendors' drums Inventory in transit Supplies Total Raw Materials and Supplies
IN PROCESS AND FINISHED Work in process Finished stook In transit Warehouse atoots Consignments Total In Process and Finished
Total Inventory - Parent Company
" inventory Applicable to b.I.F.O.
Inventory Mot
Applicable
Boot Value Reserve_______Net______________to b.I.F.O.
Total Inventory
$2,080,666
616,351 $2,697,017
$ 431,788
137,007
1 568.795
$1,648,878
479,344
-
$2,128,222
$11,033,770 1,358,763 37,847 1,459,211 664,911
$14,754,502
$12,682,648 1,358,763 37,847 1,938,555 864.911
$16,682,724
$1,335,021 455,769
132,214
39.471 $1,962,475
* 348,659 85,625
35,163 6.043
475,490
$ 986,362 370,144
.
97,051 33.428 $1,486,985
$4,659,492
$3.615.207
$ 7,208,963 . 17,085,751
936,190 2,824,423
509.302 $28,564,629
$ 8,195,325 17,455,895 936,190 2,921,474 542.730
$30,051,614
1i&BLMk $46,934,338
ADD - THE SUDDEN COMPANY. MOCCTHP Raw materials and supplies: Rev materials Pastages and pasting material Vendors' drums Inventor? in transit Supplies In process and finished: At plant Warehouse stooks Consignaents In transit
Total Inventory - Consolidated
$ 607,716 100,032 11,499
13,230
719,204
39,917 5.954
1.497,552
l CLD025016
STA?SMSCT OF L . I . F . O , R3 SSRV3 BY D IV IS IO N S
THE GLIDDEN COMPANY - OIEVELAND. OHIO INVENTORY - L.I.F.O,
STATEMENT OF LEVEL RESERVE BY DIVISIONS
NO LEVEL RESERVES IN 1957
t
GLD025018
3
THE GUDDEN COMPANY - CUSVELftHD* OHIO STATEMENT OP L.I.F.O, RESERVES PAINT DIVISIONS August 31, 195?
Division Number
Total
1. Central Region
2. Eastern Region
$ 453 1,721
4. Southern Region
4,092
5. Mississippi Region
.6 Northwest ern Region
8. Southeastern Region
894 234
9.
Nubian Industrial Division of Midvest Region
46
14. Paoifio Region
814
17. Midwest Trade Sales Region
102
Total
STATEMENT OF LEVEL RESERVES PAINT DIVISIONS
No Level Reserves in 1957
4 GLD025019
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COMPARISON OF L . I . F . O . VALVES. COST VALUES AND R5SEKTOS
1940 1952 1954 1956 1957 1940 1941 1966 1953 1955 1957
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$326.858
$346.044
$19.186
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