2016 Burden

2016 Burden.pdf

Application To Use LIFO Inventory Method

2016 Burden

OMB: 1545-0042

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Burden Computation - Business Forms
Page 1 of 1

January 19, 2017

Product:
Description:
Variables
Responses.......
Line Items......
Attachments.....
Forms Prepared..
Code References.

970/
Application to Use LIFO Inventory Method
2013

Changes (+ -)

2016

2,000
______________
33
______________
4.00
______________
0.85
______________
26
______________

_____________________________
_____________________________
_____________________________
_____________________________
_____________________________

2,000
______________
33
______________
4.00
______________
0.85
______________
26
______________

Computation of Changes
2,000 x _____________
21.11
Old Computation (Prog. Change) ______________
2,000
21.11
New Computation.............. ______________ x _____________
Balance...

=
=

42,220
_______________
42,220
_______________
_______________
0

Old Computation (Adjustment).
New Computation..............
Balance...

2,000 x _____________
21.11
______________
______________
2,000 x _____________
21.11

=
=

42,220
_______________
_______________
42,220
_______________
0

Old Computation..............
New Computation..............
Balance...

______________ x _____________
______________ x _____________

=
=

_______________
_______________
_______________

Summary
Old Burden...................................................
Program Change...............................................
Adjustment...................................................
New Burden...................................................

42,220
_______________
0
_______________
0
_______________
42,220
_______________

Paperwork Reduction Act Notice
Time Per Response
21.11
Recordkeeping.............
Learning..................
Preparing.................
Sending...................

Notes:

Average Hours
Per Response
7.89
______________
4.05
______________
8.09
______________
1.07
______________

Average Time
Per Response
7 hrs. , 53 min.
___________________
4 hrs. , 03 min.
___________________
8 hrs. , 05 min.
___________________
1 hrs. , 04 min.
___________________


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