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2.23 (L04) (Dollar-Value LIFO) The following information relates to the Jimmy Johnson Company. Price Index 100 Date December 31, 2013 December 31, 2014 December 31,

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2.23 (L04) (Dollar-Value LIFO) The following information relates to the Jimmy Johnson Company. Price Index 100 Date December 31, 2013 December 31, 2014 December 31, 2015 December 31, 2016 December 31, 2017 Ending Inventory (End-of-Year Prices) $ 70,000 90,300 95,120 105,600 100,000 116 120 125 430 Chapter 8 Valuation of Inventories: A Cost-Basis Approach Instructions Use the dollar value LIFO method to compute the ending inventory for Johnson Company for os 2017 Company makes the following errors during the cu during the current

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