The following information relates to the William Brown Company. Date December 31, 2021 December 31, 2022 December 31, 2023 December 31, 2024 December 31, 2025 2021 2022 2023 2024 2025 Ending Inventory (End-of-Year Prices) $ $73,700 100,092 107,856 123,009 113,288 Use the dollar-value LIFO method to compute the ending inventory for Brown Company for 2021 through 2025. Ending Inventory 73700 87800 85600 93900 Price Index 83300 100 114 126 131 136
The following information relates to the William Brown Company. Date December 31, 2021 December 31, 2022 December 31, 2023 December 31, 2024 December 31, 2025 2021 2022 2023 2024 2025 Ending Inventory (End-of-Year Prices) $ $73,700 100,092 107,856 123,009 113,288 Use the dollar-value LIFO method to compute the ending inventory for Brown Company for 2021 through 2025. Ending Inventory 73700 87800 85600 93900 Price Index 83300 100 114 126 131 136
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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
Transcribed Image Text:The following information relates to the William Brown Company.
Date
December 31, 2021
December 31, 2022
December 31, 2023
December 31, 2024
December 31, 2025
2021
2022
2023
2024
2025
s
SA
Use the dollar-value LIFO method to compute the ending inventory for Brown Company for 2021 through 2025.
s
$
Ending Inventory
(End-of-Year Prices)
s
$73,700
100,092
107,856
123,009
113,288
Ending Inventory
73700
87800
85600
93900
Price
Index
83300
100
114
126
131
136
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