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I have just 30 minutes Blossom Corporation adopted the dollar-value LIFO method of inventory valuation on December 31, 2024, its inventory at that date was
I have just 30 minutes
Blossom Corporation adopted the dollar-value LIFO method of inventory valuation on December 31, 2024, its inventory at that date was $1108000 and the relevant price index was 100 . Information regarding inventory for subsequent years is an follows: What is the cost of the ending inventory at December 31, 2027 under dollar-value LIFO? (Round intermediate cakculatient and finat answer to 0 decimal places, eg. 10,000.) $1258915 $1328833 Step by Step Solution
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