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Current Attempt in Progress Bonita Industries adopted the dollar-value LIFO method on January 1, 2020. at which time its inventory consisted of 5800 units of
Current Attempt in Progress Bonita Industries adopted the dollar-value LIFO method on January 1, 2020. at which time its inventory consisted of 5800 units of ItemA @ $4 each and 3200 units of ItemBa $15 each. The inventory at December 31, 2020 consisted of 11500 units of Item A and 6500 units of Item B. The most recent actual purchases related to these items were as follows: Quantity Items Purchase Date Purchased Cost Per Unit A 12/7/20 2100 $6.00 A 12/11/20 9800 5.50 B 12/15/20 6500 18.00 Using the double extension method, what is the price index for 2020 that should be computed by Bonita Industries? Oso 127.879 129.33% 126,61% 238.79% On F3 & FB O - 08 # A $ % 8
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