The following information relates to james company use the

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Reference no: EM13391793

The following information relates to James Company.

Ending Inventory Price

Date (End-of-Year Prices) Index

December 31, 2013 $154,000 100

December 31, 2014 196,768 104

December 31, 2015 205,656 114

December 31, 2016 228,448 118

December 31, 2017 211,200 120

Instructions

Use the dollar-value LIFO method to compute the ending inventory for James Company for 2013 through 2017.

Reference no: EM13391793

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