Dollar-value LIFO.
Aber Company manufactures one product. On December 31, 2013, Aber adopted the dollar-value LIFO inventory method. The inventory on that date using the dollar-value LIFO inventory method was $450,000. Inventory data are as follows:
InstructionsCompute the inventory at December 31, 2014, 2015, and 2016, using the dollar-value LIFO method for each year.

Question

Dollar-value LIFO.
Aber Company manufactures one product. On December 31, 2013, Aber adopted the dollar-value LIFO inventory method. The inventory on that date using the dollar-value LIFO inventory method was $450,000. Inventory data are as follows:  
InstructionsCompute the inventory at December 31, 2014, 2015, and 2016, using the dollar-value LIFO method for each year.

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The Answer of Dollar-value LIFO.
Aber Company manufactures one product. On December 31, 2013, Aber adopted the dollar-value LIFO inventory method. The inventory on that date using the dollar-value LIFO inventory method was $450,000. Inventory data are as follows:  
InstructionsCompute the inventory at December 31, 2014, 2015, and 2016, using the dollar-value LIFO method for each year.

Dollar-Value LIFO. Aber Company Manufactures One Product. on December 31, 2013, Aber