Brief Exercise 8-8 Marigold Company had ending inventory at end-of-year cost of $125,200 at December...
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Brief Exercise 8-8 Marigold Company had ending inventory at end-of-year cost of $125,200 at December 31, 2016; $151,420 at December 31, 2017; and $165,672 at December 31, 2018. The year-end price indexes were 100 at 12/31/16, 113 at 12/31/17, and 118 at 12/31/18. Compute the ending inventory for Marigold Company for 2016 through 2018 using the dollar-value LIFO method. 2016 2017 2018 Ending Inventory 125,200
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