Metlock Corporation began operations on December 1, 2019. The only inventory transaction in 2012 was the purchases of inventory on December 10, 2019. at a cost of $23 per unit. None of this inventory was sold in 2019. Relevant information is as follows 155 Ending inventory units December 31, 2019 December 31, 2020 by purchase date December 2, 2020 July 20, 2020 155 50 205 During the year 2020, the following purchases and sales were made. March 15 July 20 September 4 December 2 Purchases 355 units at $27 355 units at 29 255 units at 32 155 units al 34 Sales April 10 August 20 November 18 December 12 255 355 205 255 The company uses the periodic inventory method. Calculate price index (Round answer to 4 decimal places, es 2.7653.) Price Index eTextbook and Media Attempts: 0 of 3 used Submit Answer (62) Determine ending inventory using dollar value LIFO Assume that the December 2, 2020, purchase cost is the current cost of inventory. (Hint: The beginning inventory is the base layer priced at $23 per unit.) (Round answer to decimal places, eg. 2.760 Ending inventory at dollar-value LIFO $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit