Compute the dollar value lifo inventory valuation

Reference no: EM131023505

1. CRabby Appleton, Inc. Adopted dollar-value LIFO on January 1, 2013, when the inventory value was $1,200,000.00. The December 31, 2011 ending inventory at year-end costs was $1,430,000.00 and the cost index for the year is 1.05.

Compute the dollar-value LIFO inventory valuation for the December 31, 2013 Inventory.

Reference no: EM131023505

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