Question
Presented below is information related to Marigold Company. Date Ending Inventory (End-of-Year Prices) Price Index December 31, 2014 $ 83,600 100 December 31, 2015 261,723
Presented below is information related to Marigold Company.
| Date | Ending Inventory (End-of-Year Prices) | Price Index | ||||
| December 31, 2014 | $ 83,600 | 100 | ||||
| December 31, 2015 | 261,723 | 231 | ||||
| December 31, 2016 | 258,456 | 264 | ||||
| December 31, 2017 | 292,006 | 286 | ||||
| December 31, 2018 | 349,580 | 308 | ||||
| December 31, 2019 | 421,399 | 319 | ||||
Compute the ending inventory for Marigold Company for 2014 through 2019 using the dollar-value LIFO method.
| Ending Inventory | |||
| 2014 | $ | ||
| 2015 | $ | ||
| 2016 | $ | ||
| 2017 | $ | ||
| 2018 | $ | ||
| 2019 | $ |
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Study On The Auditing Theory Of Socialism With Chinese Characteristics
Authors: Jiayi Liu
1st Edition
1119107814, 978-1119107811
