Presented below is information related to Crane Company. Date ...
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Accounting
Presented below is information related to Crane Company.
| Date | Ending Inventory (End-of-Year Prices) | Price Index | ||||
|---|---|---|---|---|---|---|
| December 31, 2017 | $ 72,600 | 100 | ||||
| December 31, 2018 | 122,100 | 110 | ||||
| December 31, 2019 | 119,952 | 126 | ||||
| December 31, 2020 | 135,630 | 137 | ||||
| December 31, 2021 | 160,230 | 147 | ||||
| December 31, 2022 | 190,608 | 152 | ||||
Compute the ending inventory for Crane Company for 2017 through 2022 using the dollar-value LIFO method.
| Ending Inventory | |||
|---|---|---|---|
| 2017 | $enter a dollar amount | ||
| 2018 | $enter a dollar amount | ||
| 2019 | $enter a dollar amount | ||
| 2020 | $enter a dollar amount | ||
| 2021 | $enter a dollar amount | ||
| 2022 | $enter a dollar amount |
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