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Tcecarenko [31]
4 years ago
8

On January 1, 2018, Badger Inc. adopted the dollar-value LIFO method. The inventory cost on this date was $101,300. The ending i

nventory, valued at year-end costs, and the relative cost index for each of the next three years is below:Year-end Ending inventory atyear-end costs Cost Index2018 $ 130,095 1.05 2019 148,720 1.10 2020 159,060 1.20 What inventory balance should Badger report on its 12/31/2018 balance sheet?$129,900$125,030$123,900$101,300
Business
1 answer:
larisa [96]4 years ago
6 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
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