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Dollar-value LIFO Aber Company manufactures one dollar-value LIFO inventory method. The inventory on that date using the dollar-value LIFO inventory method 4. product. On December
Dollar-value LIFO Aber Company manufactures one dollar-value LIFO inventory method. The inventory on that date using the dollar-value LIFO inventory method 4. product. On December 31, 2016, Aber adopted the $900,000. Inventory data are as follows: Inventory at was Price index year-end prices $1.260,000 1,840,000 1,900,000 Year (base year 2016) 2017 1.05 2018 1.15 2019 1.25 Instructions Compute the inventory at December 31, 2017, 2018, and 2019, using the dollar-value LIFO method for each year
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