Manji Mercury Company has only one inventory pool. On December 31, 2024, Mercury adopted the dollar-value LIFO inventory method. Theinventory on that date using the dollar-value LIFO method was $219,000. Inventory data are as follows:Year202520262027Ending Inventory at Year-Ending Inventory at BaseEnd CostsDate12/31/202412/31/2025Required:Compute the inventory at December 31, 2025, 2026, and 2027, using the dollar-value LIFO method.Note: Round "Year end cost index" to 2 decimal places.12/31/2026$ 270,900364,550368,40012/31/2027Year Costs$ 258,000317,000307,000Inventory atYear-End CostInventory Layers Converted to Base Year CostEndingInventory atBase YearCostYear-EndCostIndex====BaseBase2025Base20252026Base202520262027Inventory Layers Converted to CostEndingInventory atBase YearCostYear-EndCost =Index========InventoryLayersConverted toCostInventory DVLCost

Name: Manji Mercury Company has only one inventory pool. On December 31, 202
Uploaded: 2024-03-20T06:32:37.000Z
Channel: Bartleby
Description: Manji Mercury Company has only one inventory pool. On December 31, 2024, Mercury adopted the dollar-value LIFO inventory method. Theinventory on that date using the dollar-value LIFO method was $219,000. Inventory data are as follows:Year202520262027