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help with this problem please The following information relates to the Jimmy Johnson Company. Date Ending Inventory (End-of-Year Prices) Price Index December 31, 2010 $
help with this problem please
The following information relates to the Jimmy Johnson Company.
| Date | Ending Inventory (End-of-Year Prices) | Price Index | ||||
| December 31, 2010 | $ 48,900 | 100 | ||||
| December 31, 2011 | 100,440 | 108 | ||||
| December 31, 2012 | 108,120 | 120 | ||||
| December 31, 2013 | 122,140 | 124 | ||||
| December 31, 2014 | 114,165 | 129 | ||||
Use the dollar-value LIFO method to compute the ending inventory for Johnson Company for 2010 through 2014.
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