Reference no: EM13918930
The following information relates to the Jimmy Johnson Company.
Date Ending Inventory (End-of-Year Prices) Price Index
December 31, 2010 $ 52,600 100
December 31, 2011 106,117 121
December 31, 2012 114,570 134
December 31, 2013 128,714 139
December 31, 2014 117,160 145
Use the dollar-value LIFO method to compute the ending inventory ($) for Johnson Company for 2010 through 2014.
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: Use the dollar-value LIFO method to compute the ending inventory ($) for Johnson Company for 2010 through 2014.
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