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ok + nt ences Mercury Company has only one inventory pool. On December 31, 2024, Mercury adopted the dollar-value LIFO inventory method. The inventory

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ok + nt ences Mercury Company has only one inventory pool. On December 31, 2024, Mercury adopted the dollar-value LIFO inventory method. The inventory on that date using the dollar-value LIFO method was $218,000. Inventory data are as follows: Ending Inventory at Year- Ending Inventory at Base Year 2025 2026 2027 End Costs $ 268,800 361,100 364,800 Year Costs $ 256,000 314,000 304,000 Required: Compute the inventory at December 31, 2025, 2026, and 2027, using the dollar-value LIFO method. Note: Round "Year end cost index" to 2 decimal places. Inventory Layers Converted to Base Year Cost Inventory Layers Converted to Cost Inventory DVL Cost Inventory at Date Year-End Cost Year-End Cost Index Ending Inventory at Base Year Ending Inventory at Base Year Year-End Cost = Index Inventory Layers Converted to Cost Cost Cost 12/31/2024 = Base 12/31/2025 = Base = 2025 12/31/2026 Base = 2025 2026 12/31/2027 == Base 2025 2026 2027

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