Question: Bramble Corp. began using dollar-value LIFO for costing its inventory two years ago. The ending inventory for the past two years in end-of-year dollars was

Bramble Corp. began using dollar-value LIFO for costing its inventory two

Bramble Corp. began using dollar-value LIFO for costing its inventory two years ago. The ending inventory for the past two years in end-of-year dollars was $ 302000 and $ 461000 and the year-end price indices were 1.0 and 1.1, respectively. Assuming the current inventory at end of year prices equals $ 650000 and the index for the current year is 1.15, what is the ending inventory using dollar- value LIFO? (Round intermediate calculations and final answer to 0 decimal places, e.g. 10,000.) O $ 602595. O $565095. O $598845. O $ 591795

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