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Bond Company adopted the dollar-value UFO Inventory method on January 1, 2016. In applying the LIFO method, Bond uses internal cost indexes and the multiple-pools
Bond Company adopted the dollar-value UFO Inventory method on January 1, 2016. In applying the LIFO method, Bond uses internal cost indexes and the multiple-pools approach. The following data were available for Inventory Pool No. 3 for the two years following the adoption of LIFO: Under the dollar-value LIFO method, the Inventory at December 31, 2017, should be $357,600. $350,000. $351,600. None of these answer choices is correct
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