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Brief Exercise 8-B Midori Company had ending inventory at end-of-year prices of $118,700 at December 31, 2013; $139,700 at December 31, 2014; and $160,716 at
Brief Exercise 8-B Midori Company had ending inventory at end-of-year prices of $118,700 at December 31, 2013; $139,700 at December 31, 2014; and $160,716 at December 31, 2015. The year-end price indexes were 100 at 12/31/13, 110 at 12/31/14, and 118 at 12/31/15. Compute the ending inventory for Midori Company for 2013 through 2015 using the dollar-value LIFO method. Ending Inventory $ $ $ Click if you would like to Show Work for this question: Open Show Work
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