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What is the LIFO in the table below? What is the LIFO in the table below? W Questions ITutorsl C x Untitled document-Goc x C

What is the LIFO in the table below?

What is the LIFO in the table below?

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W Questions ITutorsl C x Untitled document-Goc x C Secure https://docs.google.com/document/d/l Untitled document File Edit View Insert Format Tools Add-ons Help +100% Normal text All changes saved in Drive Bell Corporation adobted the dollar-value LIFO inventory method as of 1/1/20X1. Bell Corporation uses a single inventory pool and an internally generated price index to determine the LIFO inventory layers. What would be the Dollar Value Lifo in the table below: Date 1/1/20x1 20X1 Layer 12/31/20X1 20X2 Layer 12131120X2 Base Year Cost 75,000 5 ooo 80,000 15 ooo 95,000 Current Year Cost 75,000 14 ooo 89,000 26 ooo 115,000 Dollar Value LIFO a SHARE Editing 12:35

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