2 DETAILS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Under the last in first-out (UFO) inwentary valuation method, a price index for inventory must be established for tax purposes. The quantity weights are based on year-ending Inventory levels Unit Price (9) Product Beginning Ending Ending Inventory 500 A 0.12 0.19 50 1.40 110 100 4.50 4.20 D 40 11,00 13.20 Use the beginning-of-the-year price per unit as the base-period price and develop a weighted aggregate index for the total inventory value at the end of the year. (Round your answer to the nearest Integet.) What type of weighted aggregate price index must be developed for the Loro inventory valuation? Lapeyres Index Paasche Index