The following information relates to the Jimmy Johnson Company.
Date |
Ending Inventory (End-of-Year Prices)
|
Price Index
|
December 31, 2010 |
$ 62,900 |
100 |
December 31, 2011 |
144,914 |
154 |
December 31, 2012 |
155,720 |
170 |
December 31, 2013 |
174,592 |
176 |
December 31, 2014 |
162,321 |
183 |
Use the dollar-value LIFO method to compute the ending inventory for Johnson Company for 2010 through 2014.
Ending Inventory |
2010 |
$ |
2011 |
$ |
2012 |
$ |
2013 |
$ |
2014 |
$
|