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Thomas Sun Fun manufactures three categories of bicylces: Mountain, Road, and Hybrid. On January 1, 2025, Thomas adopted dollarvalue LIFO and decided to use a
Thomas Sun Fun manufactures three categories of bicylces: Mountain, Road, and Hybrid. On January 1, 2025, Thomas adopted dollarvalue LIFO and decided to use a single inventory pool. The company's January 1 inventory consists of: During 2025 , the company had the following purchases and sales: Your answer is correct. Calculate price index. (Round answer to 4 decimal places, e.g. 1.4562.) Ending inventory $ Cost of goods sold Gross profit $ eTextbook and Media Attempts: 3 of 11 used (b) The parts of this question must be completed in order. This part will be available when you complete the part above
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