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The following inventory cost information is taken from the records of Trypho Corporation: 1/1/Year 1 At Base- Year Cost $10,000 At Current- Year Cost Year
The following inventory cost information is taken from the records of Trypho Corporation: 1/1/Year 1 At Base- Year Cost $10,000 At Current- Year Cost Year 1 layer Year 2 layer Year 3 layer Year 4 layer Year 5 layer $10,000 8,000 8,000 7,000 12,000 5,000 7,500 10,000 14,500 12,000 20,800 Trypho measures its inventories using dollar-value LIFO. Complete Trypho's year-end inventory using the information above. Enter the appropriate amounts in the designated cells below. Enter all amounts as positive values. December 31 1. Year 1 2. Year 2 3. Year 3 4. Year 4 5. Year 5 Dollar-value LIFO cost 123 123 123 1239 123 36F
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