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The value assigned to ending inventory if Levita Industries uses LIFO Periodic is $584. $580. $552. $546. Which inventory costing method most closely approximates current

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The value assigned to ending inventory if Levita Industries uses LIFO Periodic is $584. $580. $552. $546. Which inventory costing method most closely approximates current cost for each of the following: Ending Inventor Cost of Goods Sold LIFO LIFO FIFO FIFO FIFO LIFO LIFO FIFO Which of the following items should be included in a company's inventory at the balance sheet date? Goods received from another company for sale on consignment. Goods sold to a customer which are being held for the customer to call for at his or her convenience. Goods in transit which were purchased f.o.b. designation. None of these answer choices are correct. Shira Inc. uses dollar-value LIFO method of computing its inventory cost. Data for the past three years is as follows: Year ended December 31 Inventory at End-of-year Prices Price Index 2015 $390,000 1.00 2016 756,000 1.05 2017 810,000 1.10 What is the 2017 inventory balance using dollar-value LIFO? $754, 500. $810,000. $771,000. $736, 500

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