Using the link-chain method

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Reference no: EM131289333

An evaluation of Bryce's Bookstore's inventory was performed in Year 2. It produced the following results: The cost index in Year 1 was 105.

Sample of ending inventory for current year cost = $75,000

Sample of ending inventory for previous year cost = $69,000

Using the link-chain method, compute Bryce's Bookstore's cost index for Year 2. Round your answer to the nearest whole dollar.

Reference no: EM131289333

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