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Bonita Company had ending inventory at end-of-year cost of $115,800 at December 31, 2016; $140,572 at December 31, 2017; and $158,040 at December 31, 2018.

image text in transcribedBonita Company had ending inventory at end-of-year cost of $115,800 at December 31, 2016; $140,572 at December 31, 2017; and $158,040 at December 31, 2018. The year-end price indexes were 100 at 12/31/16, 113 at 12/31/17, and 120 at 12/31/18. Compute the ending inventory for Bonita Company for 2016 through 2018 using the dollar-value LIFO method. 2016 2017 2018 Ending Inventory $ $ $

Brief Exercise 8-8 Bonita Company had ending inventory at end-of-year cost of $115,800 at December 31, 2016; $140,572 at December 31, 2017; and $158,040 at December 31, 2018. The year-end price indexes were 100 at 12/31/16, 113 at 12/31/17, and 120 at 12/31/18. Compute the ending inventory for Bonita Company for 2016 through 2018 using the dollar-value LIFO method. 2016 2017 2018 Ending Inventory $ $ Click if you would like to Show Work for this question: Open Show Work

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