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accounting Exercise 8 - 2 7 ( Algo ) Dollar - value LIFO [ LO 8 - 8 ] Mercury Company has only one inventory
accounting Exercise Algo Dollarvalue LIFO LO Mercury Company has only one inventory pool. On December Mercury adopted the dollarvalue LIFO inventory method, T inventory on that date using the dollarvalue LIFO method was $ Inventory data are as follows: Required: Compute the inventory at December and using the dollarvalue LIFO method. Note: Round "Year end cost index" to decimal places.
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