Compute the ending inventory for miller company

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Question - The following information relates to the Richard Miller Company.

Date Ending Inventory (End-of-Year Prices) Price Index

December 31, 2016   $ 66,900   100

December 31, 2017   103,194   117

December 31, 2018   110,940   129

December 31, 2019   124,887   133

December 31, 2020   115,787   139

Required - Use the dollar-value LIFO method to compute the ending inventory for Miller Company for 2016 through 2020.

Reference no: EM133118782

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