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Udon Inc. adopted dollar value LIFO (DVL) as of January 1, 2018, when it had an inventory of $690,000. Its inventory as of December 31,
Udon Inc. adopted dollar value LIFO (DVL) as of January 1, 2018, when it had an inventory of $690,000. Its inventory as of December 31, 2018 was $758,100 at year-end costs and the cost index was 1.05. What was DVL inventory on December 31, 2018? Multiple Choice 5768500. S724,500. 5722000. S123600
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