On January 1, 2014, Bonanza Wholesalers Inc. adopted the dollar-value LIFO inventory method for income tax and external financial reporting purposes. However, Bonanza continued to use the FIFO inventory method for internal accounting and management purposes. In applying the LIFO method, Bonanza uses internal conversion price indexes and the multiple pools approach under which substantially identical inventory items are grouped into LIFO inventory pools. The following data were available for inventory pool no. 1, which comprises products A and B, for the 2 years following the adoption of LIFO.

		FIFO Basis per Records
		Units		Unit Cost		Total Cost
Inventory, 1/1/14
Product A		11,400		$44		$501,600
Product B		10,400		36		374,400
						$876,000
Inventory, 12/31/14
Product A		18,400		53		$975,200
Product B		10,400		38		395,200
						$1,370,400
Inventory, 12/31/15
Product A		14,400		58		$835,200
Product B		11,400		47		535,800
						$1,371,000

question part (a) Compute the internal conversion price indexes for 2014 and 2015