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Belstock Company manufactures one product. On December 3 1 , Year 1 , Belstock adopted the dollar - value LIFO inventory method. The inventory on
Belstock Company manufactures one product. On December Year Belstock adopted the dollarvalue LIFO inventory method. The inventory on that date using the dollarvalue LIFO inventory method was $ Inventory data for succeeding years are as follows:
Year Inventory at Respective
YearEnd Prices Price Index
Base Year: Year
Year $
Year
Year
Required:
Compute the ending inventory using the dollarvalue LIFO method for Year Year and Year Do not round your intermediate calculations. If required, round your answers to the nearest dollar.
December Year $fill in the blank
December Year $fill in the blank
December Year $fill in the blank
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