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Current Attempt in Progress Jason's Televisions produces television sets in three categories: portable midsize, and flat-screen. On January 1, 2020, Jason adopted dollar-value LIFO and

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Current Attempt in Progress Jason's Televisions produces television sets in three categories: portable midsize, and flat-screen. On January 1, 2020, Jason adopted dollar-value LIFO and decided to use a single inventory pool. The company's January 1 inventory consists of: Total Cost Category Portable Midsize Flat-screen Quantity 16,800 22,400 8,400 Cost per Unit $100 250 400 $1,680,000 5,600,000 3,360,000 $10,640,000 47.600 During 2020, the company had the following purchases and sales Category Portable Midsize Flat-screen Quantity Purchased 42,000 56,000 28,000 126,000 Cost per Unit $110 300 500 Quantity Sold 39,200 67.200 16,800 123,200 Selling Price per Unit $150 400 600 (21) Calculate price index. (Round price index to 4 decimal places, eg. 1.4562) Price index e Textbook and Media

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