Presented below is information related to Martin Company.

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(Dollar-Value LIFO)

Presented below is information related to Martin Company.

 

Date

Ending Inventory
(End-of-Year Prices)

Price Index

 December 31, 2007$ 80,000100
 December 31, 2008111,300105
 December 31, 2009108,000120
 December 31, 2010122,200130
 December 31, 2011147,000140
 December 31, 2012176,900145

Compute the ending inventory for Martin Company for 2007 through 2012 using the dollar-value LIFO method.

2007$
2008$
2009$
2010$
2011$
2012$
    • 11 years ago
    martin company solution with working in excel
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