Current Attempt in Progress Novak Company had ending inventory at end-of-year prices of $132,000 at...
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Current Attempt in Progress Novak Company had ending inventory at end-of-year prices of $132,000 at December 31, 2024; $158,268 at December 31, 2025; and $177,600 at December 31, 2026. The year-end price indexes were 100 at 12/31/24, 110 at 12/31/25, and 120 at 12/31/26. Compute the ending inventory for Novak Company for 2024 through 2026 using the dollar-value LIFO method. Ending inventory $ 2024 2025 $ 2026
Novak Company had ending inventory at end-of -year prices of $132,000 at December 31,2024;$158,268 at December 31, 2025; and $177,600 at December 31,2026 . The year-end price indexes were 100 at 12/31/24, 110 at 12/31/25, and 120 at 12/31/26 Compute the ending imventory for Novak Company for 2024 through 2026 using the dollar-value LifO method
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