Kingston Company uses the dollar-value LIFO method of computing inventory. An external price index is used to convert ending inventory to base year. The company began operations on January 1, 2013, with an inventory of $245,000. Year-end inventories at year-end costs and cost indexes for its one inventory pool were as follows:

Year Ended Ending Inventory Cost Index
December 31 at Year-End Costs (Relative to Base Year)
2013 $ 316,440 1.08
2014 387,270 1.17
2015 372,780 1.14
2016 361,020 1.10

For year 2013, I got 296,840

For year 2014, I got 341,300

Can't figure out the rest, PLEASE SHOW ALL WORK. This is my third time asking this question and no one can seem to get it right.

what are the options

explanation:

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.

the correct answer for apex is “ doubling a recipe and figuring out how many cups of paint to use are both examples of using math skills”.