Transcribed Image Text: Saved Ending Inventory at Year-End Costs $436,800 487,200 518,500 Date 12/31/2021 12/31/2022 12/31/2023 Cost Index 1.04 1.12 1.22

Excerpt
01/01/2021 $400,000 1.00 400,000 Base %24 400,000 1.00 400,000 $ 400,000 400,000 x1.00 400,000 420,000 Base 2021: 12/31/2021 $ 436,800 1.04 400,000 中 Base 12/31/2022 2021 2022 Base 12/31/2023 2021 2022 2023 Next 5 of 5 ( Prev %24 %24 %24 %24 %24 %24 %24

Transcribed Image Text: Saved
Ending Inventory
at Year-End Costs
$436,800
487,200
518,500
Date
12/31/2021
12/31/2022
12/31/2023
Cost Index
1.04
1.12
1.22
Required:
Calculate Taylor’s ending inventory for 2021, 2022, and 2023.
Inventory Layers Converted to Base Year Cost
Inventory Layers Converted to Cost
Inventory DVL
Cost
Inventory at
Year-End
Cost
Year-End
Cost
Index
Inventory
Layers at
Base Year
Cost
Inventory
Layers at Base
Year Cost
Year-End
Cost
Index
Inventory
Layers
Converted to
Cost
PrInt
Date
01/01/2021
$400,000
1.00
400,000 Base
%24
400,000 1.00
400,000 $
400,000
400,000 x1.00
400,000
420,000 Base
2021:
12/31/2021
$ 436,800
1.04
400,000

Base
12/31/2022
2021
2022
Base
12/31/2023
2021
2022
2023
Next
5 of 5
( Prev
%24
%24
%24
%24
%24
%24
%24

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