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At the beginning of 2018, a company adopts the dollar-value LIFO inventory method for its one inventory pool. The pool's value on that date was

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At the beginning of 2018, a company adopts the dollar-value LIFO inventory method for its one inventory pool. The pool's value on that date was $1,200,000. The 2018 ending inventory valued at year-end costs was $1,443,000 and the year-end cost index was 1.04 Complete the below table to calculate the inventory value at the end of 2018 using the dollar-value LIFO method Inventory DVL Cost Inventory Layers converted to Cost Inventory Year Cost Inventory Layers converted to Base Year Cost Inventory at year- end cost Year-end cost index Inventory Layers at Base Year Cost Year-end cost index Inventory Layers Converted to Cost Date Layers at Base Base Base 2018 01/01/2018 12/31/2018

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