Maple Corp Compute the Ending 2013 Inventory

question 62

Multiple Choice

Maple Corp.uses dollar-value LIFO.Certain information follows: $\begin{array}{rrr}&\text { Ending Inventory- }\\\text { Year }&\text { Current Cost }&\text { Index }\\2010 & \$ 10,000 & 100 \\2011 & 11,845 & 103 \\2012 & 12,096 & 108 \\2013 & 13,090 & 110\end{array}$ Compute the ending 2013 inventory.

• A)$11, 900
• B)$11, 985
• C)$12, 006
• D)$12, 090

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