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Timet Aber Company manufactures one product On lauary 1 2019. Aber adopted the date to inventory method. The inventory on that we using the dollar

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Timet Aber Company manufactures one product On lauary 1 2019. Aber adopted the date to inventory method. The inventory on that we using the dollar UFO inventory method was $200,000 Inventory data are as follows for 2019-2021 Year Inventory at year-end prices Price index (base year 2018 2016 $242,000 1.10 252,000 1.20 2021 276.000 115 2020 Note: you may not use allows/columns of the provided tables 7 G Instructions 0) Compute the inwentory tecumber 2019 2020 2021 uing the dollar-value LIFO method for her point) A- B 2 il in the following UFO reserve account points) Allowance to Reduce Inventory to LIFO (LIFO reserve) 3) Recond adjusting journal entries at December 31, 2019, 2020 and 2021.3.2 point points 12/31/2019 2020 Record adjusting journal entries at December 11, 2019 2020 and 2021.2 points porn 12/31/01 D 2020 11/2001

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