Question: The company initially began using dollar value LIFO in Year 3. Chronological transactions were: INSTRUCTIONS: A. Calculate the value of the ending inventory for year

The company initially began using dollar value LIFO in Year 3. Chronological transactions were: INSTRUCTIONS: A. Calculate the value of the ending inventory for year 3 , then year 4 , then year 5 , then year 6 for each product (calculate product X by itself and then calculate product Y by itself) assuming your company was using dollar value LIFO without using a published index. B. Calculate the value of the ending inventory for year 3 , then year 4 , then year 5 , then year 6 for the two products combined into one pool assuming your company was using dollar value LIFO without using a published index

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