On December 31, 2009, the current cost of the Greene Company's ending inventory was $10, 000 when the cost index was 100.On January 1, 2010, Greene adopted the dollar value LIFO method of inventory costing.Information from the company's ending inventory records is as follows:.
Required:
Determine the current cost of Greene's ending inventory for the years 2010, 2011, and 2012.
Correct Answer:
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