Use the dollar-value lifo method to compute the ending, Managerial Accounting

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Use the dollar-value lifo method to compute the ending

The following information relates to the Jimmy Johnson Company.

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

December 31, 2010 $ 52,600 100

December 31, 2011 106,117 121

December 31, 2012 114,570 134

December 31, 2013 128,714 139

December 31, 2014 117,160 145

Use the dollar-value LIFO method to compute the ending inventory ($) for Johnson Company for 2010 through 2014.

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Managerial Accounting: Use the dollar-value lifo method to compute the ending

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Managerial Accounting: Use the dollar-value lifo method to compute the ending

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