Ending Inventory Price Date (End-of-Year Prices) Index December 31, 2022 $181,000 100 December 31, 2023 254,760 120 December 31, 2024 258,463 131 December 31, 2025 287,716 143 December 31, 2026 328,174 154 December 31, 2027 369,920 160 Compute the ending inventory for Bramble Company for 2022 through 2027 using the dollar-value LIFO method. Ending Inventory 2022 $ +A 2023 EA $ 2024 2025 2026 A +A $ 2027 $ +A

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Ending Inventory
Price
Date
(End-of-Year Prices)
Index
December 31, 2022
$181,000
100
December 31, 2023
254,760
120
December 31, 2024
258,463
131
December 31, 2025
287,716
143
December 31, 2026
328,174
154
December 31, 2027
369,920
160
Compute the ending inventory for Bramble Company for 2022 through 2027 using the dollar-value LIFO method.
Ending Inventory
2022
$
+A
2023
EA
$
2024
2025
2026
A
+A
$
2027
$
+A
Transcribed Image Text:Ending Inventory Price Date (End-of-Year Prices) Index December 31, 2022 $181,000 100 December 31, 2023 254,760 120 December 31, 2024 258,463 131 December 31, 2025 287,716 143 December 31, 2026 328,174 154 December 31, 2027 369,920 160 Compute the ending inventory for Bramble Company for 2022 through 2027 using the dollar-value LIFO method. Ending Inventory 2022 $ +A 2023 EA $ 2024 2025 2026 A +A $ 2027 $ +A
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