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Brief Exercise 8-8 Skysong Company had ending inventory at end-of-year cost of $135,700 at December 31, 2016; $165,528 at December 31, 2017; and $177,255 at
Brief Exercise 8-8 Skysong Company had ending inventory at end-of-year cost of $135,700 at December 31, 2016; $165,528 at December 31, 2017; and $177,255 at December 31, 2018. The year-end price indexes were 100 at 12/31/16, 114 at 12/31/17, and 117 at 12/31/18. Compute the ending inventory for Skysong 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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