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Use the dollar-value lifo method to compute the ending

The following information relates to the Kingbird Company.

Date	Ending Inventory (End-of-Year Prices)	Price index
31-Dec-13	mce_markernbsp;67,600	100
31-Dec-14	96,792	111
31-Dec-15	104,796	123
31-Dec-16	118,491	127
31-Dec-17	110,922	133

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

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Accounting Basics: Use the dollar-value lifo method to compute the ending

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Accounting Basics: Use the dollar-value lifo method to compute the ending

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