The Webster Company adopted dollar-value LIFO on January 1, 2007. The company produces three products: X, Y, and Z. The company’s beginning inventory consisted of the following:During 2007, the company had the following purchases and sales:Required1. Compute the LIFO cost of the ending inventory assuming Webster Company uses a single inventory pool. (Round cost index to 4 decimal places.)2. Compute the LIFO cost of the ending inventory assuming Webster Company uses three inventory pools. (Round cost indexes to 4 decimalplaces.)
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The Webster Company adopted dollar value LIFO on January 1 2007



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