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Tiger inc. adopted dollar-value lifo on january 1, 2006, when the inventory value was $360,000 and the cost index was 1.25. on december 31, 2006, the inventory was valued at year-end cost of $395,000 and the cost index was 1.30. tiger would report a dollar-value lifo inventory of: a. $410,800.b. $374,400.c. $379,808.d. $380,600.
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Tiger inc. adopted dollar-value lifo on january 1, 2006, when the inventory value was $360,000 and t...
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