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Problem Two: On January 1,2014, the XYZ Company adopted the dollar valueLIFO method The invcentory value on this dane S500,000. Ending inventory data and cost
Problem Two: On January 1,2014, the XYZ Company adopted the dollar valueLIFO method The invcentory value on this dane S500,000. Ending inventory data and cost indices for 2014 through 2017 are as follows Ending Inventory Date 12/31/14 12/31/15 12/31/16 12/31/17 Cost Index $556, 500 5596,200 615,250 $720,000 1.05 1.10 1.15 1.25 Required: Calculate XYZ's ending inventory for the years 2014 through 2018 using dollar-valoe LIFO (4 pts cach) 2014- Show ALL your work 2015- Show ALL your work!: 2016- Show ALL your work! work!: 2017- Show ALL your
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