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Compute the ending inventory for skysong company

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Question - The following information relates to the Skysong Company.

Date Ending Inventory (End-of-Year Prices) Price Index

December 31, 2013$ 63,500100

December 31, 2014105,434119

December 31, 2015113,446131

December 31, 2016128,792136

December 31, 2017118,158141

Use the dollar-value LIFO method to compute the ending inventory for Skysong Company for 2013 through 2017.

Reference no: EM131698759

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