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Presented below is information related to Bramble Company. Date Price Index 100 126 December 31, 2014 December 31, 2015 Decem
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Answer #1

Calculate ending inventory

Ending inventory
2014 77100
2015 140238/1.26 = 111300 (77100+34200*1.26) = 120192
2016 138528/1.44 = 96200 (77100+19100*1.26) = 101166
2017 155844/1.56 = 99900 (101166+3700*1.56) = 106938
2018 185808/1.68 = 110600 (106938+10700*1.68) = 124914
2019 223590/1.74 = 128500 (124914+17900*1.74) = 156060
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