How to compute the bryces cost index for year two


An evaluation of Bryce's Bookstore's inventory was performed in Year 2. It produced the following results: Sample of ending inventory at current-year costs = $75,000 Sample of ending inventory at previous-year costs = $69,000 The cost index in Year 1 was 105. Using the link-chain method, compute Bryce's cost index for Year 2

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Accounting Basics: How to compute the bryces cost index for year two
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