Business, 28.11.2019 01:31 kcombest7219

Trip corp. began business in 2015. on december 31, 2015, trip's single pool of inventory was valued at $300,000, using the dollar-value lifo inventory method. on december 31, 2016, the value of trip’s inventory at current costs was $450,000. the 2016 year-end cost index was 120. what was the value of trip's inventory at the end of 2016, using the dollar-value lifo method?

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Trip corp. began business in 2015. on december 31, 2015, trip's single pool of inventory was valued...