### question presented below is information related to sage corporation for the last 3 y 4277374

Question

Presented below is information related to Sage Corporation for the last 3 years.

Base-Year Cost

Current-Year Cost

Item

Quantities

in Ending

Inventories

Unit Cost

Amount

Unit Cost

Amount

Compute the ending inventories under the dollar-value LIFO method for 2016, 2017, and 2018. The base period is January 1, 2016, and the beginning inventory cost at that date was \$45,310. (Round answers to 0 decimal places, e.g. 5,620.)

 Base-Year Cost Current-Year Cost Item Quantities in Ending Inventories Unit Cost Amount Unit Cost Amount December 31, 2016 A 11,300 \$2.64 \$29,832 \$2.90 \$32,770 B 8,300 3.96 32,868 4.69 38,927 C 6,300 6.60 41,580 7.13 44,919 Totals \$104,280 \$116,616 December 31, 2017 A 11,300 \$2.64 \$29,832 \$3.43 \$38,759 B 9,100 3.96 36,036 4.95 45,045 C 8,300 6.60 54,780 8.45 70,135 Totals \$120,648 \$153,939 December 31, 2018 A 10,300 \$2.64 \$27,192 \$3.56 \$36,668 B 10,300 3.96 40,788 5.28 54,384 C 8,300 6.60 54,780 8.18 67,894 Totals \$122,760 \$158,946