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Exercise 8-23 The following information relates to the Monty Company Ending Inventory (End-of-Year Prices) Price Index 100 129 143 148 154 Date December 31, 2013

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Exercise 8-23 The following information relates to the Monty Company Ending Inventory (End-of-Year Prices) Price Index 100 129 143 148 154 Date December 31, 2013 December 31, 2014 December 31, 2015 December 31, 2016 December 31, 2017 69,100 116,874 126,841 142,376 131,670 Use the dollar-value LIFO method to compute the ending inventory for Monty Company for 2013 through 2017 Ending Inventory 2013 2014 2015 2016 2017

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