Question: Opera Corp. uses dollar-value LIFO method of computing its inventory cost. Data for the past three years is as follows. What is the 2014 inventory

Opera Corp. uses dollar-value LIFO method of computing its inventory cost. Data for the past three years is as follows. What is the 2014 inventory balance using dollar-value LIFO? year end year prices index 2103 390,000 1.00 2014 756,000 1.05 2015 810,000 1.10

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