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need help ASAP On January 1, 2024, a Company adopted the dollar-value LIFO method for its one inventory pool. The pool's value on this date
need help ASAP
On January 1, 2024, a Company adopted the dollar-value LIFO method for its one inventory pool. The pool's value on this date was $840,000. The 2024 and 2025 ending inventory valued at year-end costs were $884.000 and $954,000, respectlvely. The appropriate cost indexes are 1.04 for 2024 and 1.06 for 2025. Required: Compiete the below table to calculate the inventory value at the end of 2024 and 2025 using the dollar-value LIFO method. Note: Round "Year end cost index" to 2 decimal places. Round other final answer values to the nearest whole dollars Step by Step Solution
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