In: Accounting
Presented below is information related to Marigold
Company.
Date |
Ending Inventory |
Price |
||||
December 31, 2014 | $ 83,600 | 100 | ||||
December 31, 2015 | 261,723 | 231 | ||||
December 31, 2016 | 258,456 | 264 | ||||
December 31, 2017 | 292,006 | 286 | ||||
December 31, 2018 | 349,580 | 308 | ||||
December 31, 2019 | 421,399 | 319 |
Compute the ending inventory for Marigold Company for 2014 through
2019 using the dollar-value LIFO method.
Ending Inventory | |||
2014 | $ | ||
2015 | $ | ||
2016 | $ | ||
2017 | $ | ||
2018 | $ | ||
2019 | $ |