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Category > Accounting Posted 01 Jun 2018 My Price 5.00

Jimmy Johnson Company

E8-23 (L04) (Dollar-Value LIFO) Compute the ending inventory for Dino Radja Company for 2014 through 2019 using the dollar-value LIFO method.

The following information relates to the Jimmy Johnson Company.

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

              12/31/13                                       $70,000                                                                             100                

 12/31/14                                           90,300                                                                           105

              12/31/15                                           95,120                                                                           116

              12/31/16                                          105,600                                                                          120       

              12/31/17                                           100,000                                                                         125

Answers

Maurice Tutor
(5)
Status NEW Posted 01 Jun 2018 07:06 PM My Price 5.00

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