Question: Sisko Company has used the dollar-value LIFO method for inventory cost determination for many years. The following data were extracted from Siskos records. Instructions Calculate

Sisko Company has used the dollar-value LIFO method for inventory cost determination for many years. The following data were extracted from Sisko’s records.

Sisko Company has used the dollar-value LIFO method for inventory cost determination

Instructions
Calculate the index used for 2012 that yielded the above results.

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