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Presented below is inventory information related to ABC Company: Date Ending Inventory (End of year prices) Price Index Dec. 31, 2014 180,000 100 Dec. 31,
Presented below is inventory information related to ABC Company:
| Date | Ending Inventory (End of year prices) | Price Index |
| Dec. 31, 2014 | 180,000 | 100 |
| Dec. 31, 2015 | 220,500 | 105 |
| Dec. 31, 2016 | 218,500 | 115 |
| Dec. 31, 2017 | 242,500 | 125 |
Compute ending inventory for ABC for 2014 through 2017 using Dollar-Value LIFO
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Financial Accounting Textbook For Students And Researchers
Authors: Mukhiddin Kalonov
1st Edition
6206174077, 978-6206174073
