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6. Diane makes one product. Diana adopted the dollar-value LIFO inventory method on 12-31-12. Her ending inventory at 12- 31-12 was $25,000. Additional inventory data
6. Diane makes one product. Diana adopted the dollar-value LIFO inventory method on 12-31-12. Her ending inventory at 12- 31-12 was $25,000. Additional inventory data follows: Price index Cost of goods manufactured Year 2013 2014 2015 Inventory at ear-end prices $25,172 $25,602 $25,896 (base year 2012) 1.015 1.020 1.040 during the year $150,000 $165,000 S165,000 Compute the inventory at December 31, 2013, 2014, and 2015 AND the cost of goods sold for each year assuming Diane uses the dollar-value LIFO method for each year
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