Mathematics, 18.06.2021 16:40 Coscutt

Vaughn Manufacturing had January 1 inventory of $295000 when it adopted dollar-value LIFO. During the year, purchases were $1870000 and sales were $2960000. December 31 inventory at year-end prices was $390880, and the price index was 112. What is Vaughn Manufacturing’s ending inventory?

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Vaughn Manufacturing had January 1 inventory of $295000 when it adopted dollar-value LIFO. During th...

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