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Aliter Corporation adopted the dollar-value LIFO method of inventory valuation on December 31, 2015. Its inventory at that date was 5110,000 and the relevant price
Aliter Corporation adopted the dollar-value LIFO method of inventory valuation on December 31, 2015. Its inventory at that date was 5110,000 and the relevant price index was 100 Information regarding inventory is as follows Date Inventory at Current Prices Current Price Index 12/31/15 $110,000 100 12/31/16 $128.400 107 12/31/17 $145.000 125 12/31/18 $169,000 130 What is the ending inventory at cost for December 31, 2015 frough 2018 using Dollar Value LIFO v Ending inventory as of December 31, 2015 A 1134620 vinding invertory as of December , 2016 1516-120 Ending twentory as of December 31, 2017 C5125700 terventory as of December 31, 2018 D$110.000 $120.700 G51100
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