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Compute the ending inventory for blossom company

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Reference no: EM133177205

Question - Presented below is information related to Blossom Company.

Date

Ending Inventory
(End-of-Year Prices)

Price
Index

December 31, 2017

$ 73,000

100

December 31, 2018

255,832

226

December 31, 2019

249,228

258

December 31, 2020

281,960

280

December 31, 2021

336,819

301

December 31, 2022

406,536

312

Compute the ending inventory for Blossom Company for 2017 through 2022 using the dollar-value LIFO method.

Reference no: EM133177205

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