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(a) Your answer has been saved. See score details after the due date. Blossom Company...

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Accounting

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(a) Your answer has been saved. See score details after the due date. Blossom Company has a beginning inventory in year one of $1,300,000 and an ending inventory of $1.595,000. The price level has increased from 100 at the beginning of the year to 110 at the end of year one. Calculate the ending inventory under the dollar-value LIFO method. Ending inventory $ 1459500 Attempts: 1 of 1 used (b) At the end of year two, Blossom's inventory is $1,794,000 in terms of a price level of 115 which exists at the end of year two. Calculate the inventory at the end of year two continuing the use of the dollar-value LIFO method. Ending inventory $ Save for Later Attempts: 0 of 1 used Submit Answer o

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