The information below is provided for the only two inventory items held by Hammond, Inc.: 
The company uses double-extension dollar-value LIFO with only one pool.
Required:
a. Calculate the cost index for 2013. Round to the nearest hundredth for decimals.
b. Calculate the December 31, 2013 ending inventory for Hammond using dollar-value LIFO. Round to the nearest dollar.
Definitions:
Anti-grease Dishwashing Detergent
A cleaning agent specifically formulated to break down and remove grease and oil from dishes and cookware.
Infectious Materials
Substances that contain pathogens, such as bacteria, viruses, or fungi, capable of causing diseases in humans or other organisms.
Chewing Gum
A soft, cohesive substance designed to be chewed without being swallowed, often used to freshen breath and aid in oral cleanliness.
OSHA
The Occupational Safety and Health Administration is an agency of the U.S. government tasked with the responsibility to guarantee both safe and healthy conditions in the workplace.
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