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Mercury Company has only one inventory pool. On December 31, 2021, Mercury adopted the dollar-value LIFO inventory method. The inventory on that date using the
Mercury Company has only one inventory pool. On December 31, 2021, Mercury adopted the dollar-value LIFO inventory method. The inventory on that date using the dollar-value LIFO method was $200,000 Inventory data are as follows Year 2022 2023 2024 Ending Inventory at Year-End Costs $231,000 299,000 300,000 Ending Inventory at Base Year Costs $220,000 260,000 250,000 Required: Compute the inventory at December 31, 2022 2023, and 2024, using the dollar value LIFO method (Round "Year end cost index" to 2 decimal places.) Inventory Layers Converted to con Inventory VI Cool Inventory Layers Converted to Base Your Comt Inventory Year End Inventory at Your Cost Layers at Base Year End Cost Index Cost Date Inventory Layers at Base Year Cost Year-End Cost Index Inventory Layers Converted to Cost 12/31/2021 Base 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 12/31/2021 12/31/2022 Base Base 2022 12/31/2023 Base 2022 2023 12/31/2024 Base 2022 2023 2024
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