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A company uses the dollar-value LIFO inventory method. At the end of 2025 the cost index is 1.25 and the ending inventory at base year

image text in transcribed A company uses the dollar-value LIFO inventory method. At the end of 2025 the cost index is 1.25 and the ending inventory at base year cost is $360,000. If 2025 beginning inventory at base year cost was $300,000,2025 ending inventory at dollar-value LIFO cost is: Multiple Choice $360,000. $450,000. $375,000. $300,000

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