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# Riverbed Company adapted the duHarivalue LIFO methud on January 1. 2017 (using internal price indexes and multip'e penis). The foilowing data are...

Riverbed Company adapted the duHarivalue LIFO methud on January 1. 2017 (using internal price indexes and multip‘e penis). The foilowing data are avai‘ah‘e for inventory pool A
Inrthe 2 years fnllnwing adaptinn n! LIFO. At naseYenr At CurrentiYenr Inventory cost cost
1/1/17 \$210,200 \$210,200
12f31/17 231,000 254,100
12f31/10 252,000 200,192 Cumputing an internal price index and using the dullarrvalue LIFO method, at what amuunt shnuid the inventnry he repurted at December 31, 20187 December 31, 2|]18 Price Index Dollarrvalue 10:0 inventury

Price index on December 31, 2017 = Current Year Cost / Base year cost = \$254,100 / \$231,000 = 1.1 So the price index in 110... View the full answer

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