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9 nts Bosco Company adopted the dollar-value LIFO retall method at the beginning of 2021. Information for 2021 and 2022 is as follows, with
9 nts Bosco Company adopted the dollar-value LIFO retall method at the beginning of 2021. Information for 2021 and 2022 is as follows, with certain data Intentionally omitted: Required: Determine the missing data. (Round "Cost-to-Retall Percentage" to the nearest whole percent (I.e., 0.1234 should be entered as 12%).) Inventory eBook Print Date Retail Cost-to-Retail Cost Retail Inventory, 1/1/2021 S 31,500 $ 45,000 Price Index 1.00 Percentage 72 % Inventory, 12/31/2021 35,846 53,000 1.06 80 % 2022 net purchases 73,080 104,400 References 2022 net sales 91,100 Inventory, 12/31/2022 1.30
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