Question
Exercise 8-22 Presented below is information related to Martinez Company. Date Ending Inventory (End-of-Year Prices) Price Index December 31, 2014 $76,400 100 December 31, 2015
Exercise 8-22 Presented below is information related to Martinez Company.
Date Ending Inventory (End-of-Year Prices) Price Index
December 31, 2014 $76,400 100
December 31, 2015 231,240 205
December 31, 2016 225,576 234
December 31, 2017 254,762 254
December 31, 2018 305,487 273
December 31, 2019 363,089 283
Compute the ending inventory for Martinez Company for 2014 through 2019 using the dollar-value LIFO method.
Ending Inventory
2014 $ 76400
2015 $
2016 $
2017 $
2018 $
2019 $
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Auditors Guide To IT Auditing Software Demo
Authors: Richard E. Cascarino
2nd Edition
1118147618, 978-1118147610
