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Presented below is information related t...
This question was answered on Oct 15, 2012. View the Answer
Presented below is information related to Martin Company.

Date
Ending Inventory
(End-of-Year Prices)
Price
Index
December 31, 2009 $63,500 100
December 31, 2010 122,433 111
December 31, 2011 121,031 127
December 31, 2012 141,174 138
December 31, 2013 168,276 148
December 31, 2014 199,430 154

Compute the ending inventory for Martin Company for 2009 through 2014 using the dollar-value LIFO method.
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Accounting-8379869.xlsx

Presented below is information related to Martin Company.
Date
Ending Inventory
(End-of-Year Prices)
Price
Index
December 31, 2009 $63,500 100
December 31, 2010 122,433 111
December 31, 2011...

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