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Presented below is information related to Dino Radja Company. Date Ending Inventory (End-of-Year Prices) Price Index December 31, 2011 $ 74,500 100 December 31, 2012
Presented below is information related to Dino Radja Company.
Date | Ending Inventory (End-of-Year Prices) | Price Index | ||||
December 31, 2011 | $ 74,500 | 100 | ||||
December 31, 2012 | 149,410 | 134 | ||||
December 31, 2013 | 149,175 | 153 | ||||
December 31, 2014 | 170,482 | 166 | ||||
December 31, 2015 | 204,239 | 179 | ||||
December 31, 2016 | 244,015 | 185 |
Compute the ending inventory for Dino Radja Company for 2011 through 2016 using the dollar-value LIFO method.
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Presented below is information related to Dino Radja Company Ending Inventory Price Index 100 134 153 166 179 185 (End-of-Year Date Prices December 31, 2011 December 31, 2012 December 31, 2013 December 31, 2014 December 31, 2015 December 31, 2016 $ 74,500 149,410 149,175 170,482 204,239 244,015 Compute the ending inventory for Dino Radja Company for 2011 through 2016 using the dollar-value LIFO methodStep by Step Solution
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