Dweedle Company adopted the Dollar Value LIFO inventory method on 12/31/13. On this date, its inventory consisted of the following items: Item umber of Units Cost Per Unit otal Cost S10 1,000 $10,000 500 2.500 $12,500 Additional information: December 31 2015 2014 Units of Xin inventory 1,750 Cost of each X unit $11.00 2,000 $15.00 Units of Yin inventory 800 400 $6.00 $6.50 Cost of each Y unit INSTRUCTIONS (a) Compute the price index for 2014. Round to 2 decimal places (b) Calculate the reported inventory value at 1231/2014. Label all numbers. (c) Compute the price index for 2015 using the double extension method. Round to 2 decimal places (d) Calculate the reported inventory value at 1231 2015. Label all numbers