A foreign subsidiary uses the first-in first-out inventory method. The following inventory balances are given at December 31, 2021 in local currency units (LCU) : 
The following exchange rates are given for 2021:
Compute the December 31, 2021, inventory balance using the current rate method.
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Extract
To retrieve specific data from a larger dataset or remove a certain part of a content or document.
PowerPoint Presentation
A digital slideshow created using Microsoft PowerPoint, used for educational, business, or entertainment presentations, featuring a combination of text, images, and multimedia elements.
Flash Drive
A portable storage device using flash memory to store data, easily used with computers and other devices via a USB port.
Internet Connection
A means of connecting a computer or other device to the World Wide Web, allowing access to websites and online services.
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