Compute the value of the 2010 and 2010 inventories using

Reference no: EM13606070

Arna, Inc. uses the dollar-value LIFO method of computing its inventory. Data for the past 3 years follow.

Year ended December 31 Inventory at Current-year Cost Price Index
2009 $25,260 100
2010 $27,765 108
2011 $33,171 114

Compute the value of the 2010 and 2010 inventories using the dollar-value LIFO method. (Round the results of each computation and answers to 0 decimal places, e.g. 30,330.)

2010 Inventory $
2011 Inventory $

Reference no: EM13606070

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