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Brief Exercise 8-9 Pharoah, Inc. uses the dollar-value LIFO method of computing its inventory. Data for the past 3 years follow Year Ended December 31
Brief Exercise 8-9 Pharoah, Inc. uses the dollar-value LIFO method of computing its inventory. Data for the past 3 years follow Year Ended December 31 2016 2017 2018 Inventory at Current-Year Cost Price Index $20,700 100 23,326109 26,555 113 Compute the value of the 2017 and 2018 inventories using the dollar-value LIFO method. 2017 2018 Inventory under LIfO
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Financial Accounting
Authors: Belverd E. Needles Jr,, Marian Powers
8th Edition
0618310746, 978-0618310746
