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Business, 28.11.2019 06:31, anonymous176
On january 1, 2021, the haskins company adopted the dollar-value lifo method for its one inventory pool. the pool’s value on this date was $720,000. the 2021 and 2022 ending inventory valued at year-end costs were $754,000 and $848,000, respectively. the appropriate cost indexes are 1.04 for 2021 and 1.06 for 2022.calculate the inventory value at the end of 2021 and 2022 using the dollar value lifo methods.
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On january 1, 2021, the haskins company adopted the dollar-value lifo method for its one inventory p...
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