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Homework answers / question archive / Tamarisk Company had ending inventory at end-of-year prices of $114,000 at December 31, 2019; $136,686 at December 31, 2020; and $153,300 at December 31, 2021
Tamarisk Company had ending inventory at end-of-year prices of $114,000 at December 31, 2019; $136,686 at December 31, 2020; and $153,300 at December 31, 2021. The year-end price indexes were 100 at 12/31/19, 110 at 12/31/20, and 120 at 12/31/21.
Compute the ending inventory for Tamarisk Company for 2019 through 2021 using the dollar-value LIFO method.
2019 | 2020 | 2021 | ||||
Ending Inventory | $ | $ | $ |
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