Compute the ending inventory for martinez company for 2014


Presented below is information related to Martinez Company.

Date Ending Inventory(end of year prices)  Price Index

Dec, 31 2014 $78,400 100

Dec, 31 2015 206,816 184

Dec 31, 2016 202,650 210

Dec 31, 2017 228,912 228

Dec 31, 2018 274,645 245

Dec 31. 2019 330,962 254

Compute the ending inventory for Martinez Company for 2014 through 2019 using the dollar-value LIFO method Ending Inventory

 

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Accounting Basics: Compute the ending inventory for martinez company for 2014
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