Exercise 8-23 Intermediate Accounting (16th ed.) Kieso

Exercise 8-23 The following information relates to the Pharoah Company Ending Inventory Price (End-of Year Prices) Index Date December 31, 2013 December 31, 2014 December 31, 2015 December 31, 2016 December 31, 2017 $ 65,500 109,962 119,000 134,260 126,290 100 123 136 140 146 Use the dollar-value LIFO method to compute the ending inventory for Pharoah Company for 2013 through 2017 Ending Inventory 2013 2014 2015 2016 2017 Click if you would like to Show Work for this