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The following information relates to the Brian Lee Company. Date Date Ending Inventory (End-of-Year Prices) price index December 31, 2021 65600 100 December 31, 2022
The following information relates to the Brian Lee Company.
Date
Date | Ending Inventory (End-of-Year Prices) | price index |
December 31, 2021 | 65600 | 100 |
December 31, 2022 | 118040 | 130 |
December 31, 2023 | 127728 | 144 |
December 31, 2024 | 143636 | 149 |
December 31, 2025 | 133765 | 155 |
Use the dollar-value LIFO method to compute the ending inventory for Lee Company for 2021 through 2025.
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