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Crane Company began using dollar value LIFO for costing its inventory two years ago. The ending inventory for the past two years in end-of-year dollars
Crane Company began using dollar value LIFO for costing its inventory two years ago. The ending inventory for the past two years in end-of-year dollars was $287000 and 446000 and the year-end price indices were 1.0 and 1.1, respectively. Assuming the current inventory at end of year prices equals 5641000 and the index for the current year is 1.15, what is the ending inventory using dollar valueLIFOZ (Round intermediate collations and find answer to decimal places es 10,000.) 5584976 $558276 $595776 $592026 Attempt of used for
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