Question: VIEW BOTH PHOTOS. Problem 8 - 1 5 ( Algo ) Dollar - value LIFO [ LO 8 - 8 ] Required: Calculate inventory amounts

 VIEW BOTH PHOTOS. Problem 8-15(Algo) Dollar-value LIFO [LO8-8] Required: Calculate inventory

VIEW BOTH PHOTOS. Problem 8-15(Algo) Dollar-value LIFO [LO8-8] Required:
Calculate inventory amounts at the end of each year.
Note: Round intermediate calculations and final answers to the nearest whole dollars.
\table[[Date,\table[[Inventory Layers Converted to],[Base Year Cost]],Inventory Layers Converted to Cost,\table[[Inventory DVL],[Cost]]],[\table[[Inventory at],[Year-End],[Cost]],\table[[Inventory],[Layers at Base],[Year Cost]],,\table[[Inventory],[Layers at Base],[Year Cost]],\table[[Inventory],[Layers],[Converted to],[Cost]],],[01/01/2024,,,Base,,,$],[12/31/2024,,,Base,,,],[,,2024,,,$],[12/31/2025,,,Base,,,],[,,2024,,,],[,,2025,,,$],[12/31/2026,,,Base,,,],[,,2024,,,],[,,2025,,,],[,,2026,,,$],[12/31/2027,,,Base,,,],[,,2024,,,],[,,2025,,,],[,,2026,,,],[,,2027,,,$]]
On January 1,2024, a company adopted the dollar-value LIFO inventory method. The inventory value for its one inventory pool on this
date was $315,000. An internally generated cost index is used to convert ending inventory to base year. Year-end inventories at year-
end costs and cost indexes for its one inventory pool were as follows:
amounts at the end of each year. Note: Round intermediate calculations and

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