Aber Company manufactures one product 2023 Business Finance

2023 Aber Company manufactures one product On December 31 2011 Aber adopted t

Aber Company manufactures one product. On December 31, 2011, Aber adopted t he dollar-value LIFO inventory method. The inventory on that date using the dollar-value LIFO inventory method was $270,000.  Inventory data are as follows:



Inventory at

Price index



year-end prices

(base= year 2009)















= Compute the inventory at December 31, 2012, 2013, and 2014, using the dollar-value LIFO method for each year.




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