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Exercise 8-23 The following information relates to the Sweet Company. Ending Inventory (End-of-Year Prices) Price Date Index December 31, 2013 $68,400 100 134 December 31,

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Exercise 8-23 The following information relates to the Sweet Company. Ending Inventory (End-of-Year Prices) Price Date Index December 31, 2013 $68,400 100 134 December 31, 2014 122,744 December 31, 2015 132,904 148 150,920 December 31, 2016 154 December 31, 2017 160 141,920 Use the dollar-value LIFO method to compute the ending inventory for Sweet Company for 2013 through 2017. Ending Inventory 2013 2014 $ 2015 $ 2016 $ 2017

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