Business, 22.03.2021 16:50 carmenala2

Coronado Industries uses dollar-value LIFO method of computing its inventory cost. Data for the past three years is as follows: Year ended December 31 Inventory at End-of-year Prices Price Index 2019 $ 647000 1.01 2020 1265000 1.06 2021 1348250 1.11 What is the 2021 inventory balance using dollar-value LIFO? (Round intermediate calculations and final answer to 0 decimal places, e. g. 10,000.)

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Coronado Industries uses dollar-value LIFO method of computing its inventory cost. Data for the past...

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