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Inventory Layers Converted to Base Year Cost Inventory Layers Converted to Cost Inventory DVL Cost Date Inventory at Year- End Cost $ 400,000 $ 436,800
Inventory Layers Converted to Base Year Cost Inventory Layers Converted to Cost Inventory DVL Cost Date Inventory at Year- End Cost $ 400,000 $ 436,800 Year- End Cost Index 1.00 1.04 Inventory Layers at Base Year Cost $ 400,000 $ 420,000 Inventory Year- Layers at End Base Year Cost Cost Index $ 400,000 1.00 $ 400,000 1.00 $ 436,800 1.04 Inventory Layers Converted to Cost $ 400,000 $ 400,000 Base $ 400,000 01/01/2021 12/31/2021 Base 2021 DO $ 400,000 12/31/2022 $ 487,200 1.12 $ 435,000 Base $ 400,000 o 2021 1.00 1.04 1.12 >>> 2022 $ 0 12/31/2023 $ 518,500 1.22 $ 425,000 $ 400,000 >I Base 2021 2022 lolox 1.00 1.04 1.12 >IX 2023 1.22 11 $ 0 On January 1, 2021, the Taylor Company adopted the dollar-value LIFO method. The inventory value for its one inventory pool on this date was $400,000. Inventory data for 2021 through 2023 are as follows: Date 12/31/2021 12/31/2022 12/31/2023 Ending Inventory at Year-End Costs $436, 800 487,200 518,500 Cost Index 1.04 1.12 1.22 Required: Calculate Taylor's ending inventory for 2021, 2022, and 2023. Answer is not complete. Inventory Layers Converted to Base Year Cost Inventory Layers Converted to Cost Inventory DVL Cost Date Inventory at Year- End Cost Year- End Cost Index Inventory Layers at Base Year Cost Inventory Layers at Base Year Cost Year- End Cost Index Inventory Layers Converted to Cost
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