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Presented below is inventory information related to ABC Company: Date December 31, 2014 December 31, 2015 December 31, 2016 December 31, 2017 Ending Inventory End-of-Year
Presented below is inventory information related to ABC Company: Date December 31, 2014 December 31, 2015 December 31, 2016 December 31, 2017 Ending Inventory End-of-Year Prices) $180,000 220,500 218,500 242,500 Price Index 100 105 115 125 Required: Compute ending inventory for ABC for 2014 through 2017 using Dollar-Value LIFO
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