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(Solved): pls help. will give thumbs up On January 1, 2024, Lowe Company adopted the dollar-value LIFO method ...
pls help. will give thumbs up
On January 1, 2024, Lowe Company adopted the dollar-value LIFO method of computing inventory. An internal cost index is used to convert ending inventory to base year. Inventory on January 1 was $470,000. Year-end inventories at year-end costs and cost indexes for its one inventory pool were as follows: Calculate ending inventory at the end of each year using the dollar-value LIFO method. [ 6 points] 2024: 5 2025: 8 2026: s