Question: Shore Co. began using dollar value LIFO in Year 1. The following information is available: Ending Inventory at Price Year Current-Year Cost Index No. 1

Shore Co. began using dollar value LIFO in Year 1. The

Shore Co. began using dollar value LIFO in Year 1. The following information is available: Ending Inventory at Price Year Current-Year Cost Index No. 1 2. $30,000 32.550 36,300 100 105 110 3 The ending inventory in Year 3 using dollar-value LIFO is $32,550 O $33,000 $36,300

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