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Answer the ones marked wrong PLZ! Smith-Kline Company maintains inventory records at selling prices as well as at cost For 2024 , the records indicate
Answer the ones marked wrong PLZ!
Smith-Kline Company maintains inventory records at selling prices as well as at cost For 2024 , the records indicate the following data: Required: Assuming the price level increased from 1,00 at January 1 to 1.85 at December 31,2024 , use the dollar-value LiFO retail method to approcimate cost of ending inventory and cost of goods sold Note: Round your intermediote ond final answers to the nearest whole dollat. Enter your answers in thousands. Required: Assuming the price level increased from 100 at January 1 to 1.85 at December 31,2024 , use the dollar-value UFO retail method to approximate cost of ending inventory and cost of goods sold. Note: Round your intermediate and final answers to the nearest whole dollar. Enter your answers in thousands. Answer is complete but not entirely correct Step by Step Solution
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