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Exercise 156 (Part Level Submission) Data for Judd Company is given below: (a) Your...

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Exercise 156 (Part Level Submission) Data for Judd Company is given below: (a) Your answer has been saved and sent for grading. See Gradebook for score details. Judd Company has a beginning inventory in year one of $1,400,000 and an ending inventory of $1,694,000. 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 s1554000 LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts: 1 of 1 used At the end of year two, Judd's inventory is $1,886,000 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

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