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Mercury Company has only one inventory pool. On December 3 1 , 2 0 2 4 , Mercury adopted the dollar - value LIFO inventory
Mercury Company has only one inventory pool. On December Mercury adopted the dollarvalue LIFO inventory method. The inventory on that date using the dollarvalue LIFO method was $ Inventory data are as follows:
Year Ending Inventory at YearEnd Costs Ending Inventory at Base Year Costs
$ $
Required:
Compute the inventory at December and using the dollarvalue LIFO method.
Note: Round "Year end cost index" to decimal places.
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