Question
Date Ending Inventory (End-of-Year Prices) Price Index December 31, 2017 $ 73,200 100 December 31, 2018 128,876 116 December 31, 2019 124,608 132 December 31,
| Date | Ending Inventory (End-of-Year Prices) | Price Index | ||||
|---|---|---|---|---|---|---|
| December 31, 2017 | $ 73,200 | 100 | ||||
| December 31, 2018 | 128,876 | 116 | ||||
| December 31, 2019 | 124,608 | 132 | ||||
| December 31, 2020 | 140,426 | 143 | ||||
| December 31, 2021 | 168,476 | 154 | ||||
| December 31, 2022 | 199,520 | 160 | ||||
Compute the ending inventory for Nash Company for 2017 through 2022 using the dollar-value LIFO method.
| Ending Inventory | |||
|---|---|---|---|
| 2017 |
| ||
| 2018 |
| ||
| 2019 | $enter a dollar amount | ||
| 2020 |
| ||
| 2021 |
| ||
| 2022 |
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfiel
17th edition
1119503663, 1119571480, 1-119-50368-2, 111950368X, 978-1119503668
