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Presented below is information related to Blue Company. Ending Inventory (End-of-Year Prices) Date Price Index $77,200 100 249,951 December 31, 2017 December 31, 2018 December
Presented below is information related to Blue Company. Ending Inventory (End-of-Year Prices) Date Price Index $77,200 100 249,951 December 31, 2017 December 31, 2018 December 31, 2019 December 31, 2020 248,472 252 280,098 December 31, 2021 336,630 294 December 31, 2022 401,685 305 Compute the ending inventory for Blue Company for 2017 through 2022 using the dollar value LIFO method. Ending Inventory 2017 $ 77200 $ 156539 2018 2019 119999 2020 130919 2021 167957.01 2022 218025.05
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