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As of January 1, 2025. Vaughn Inc. adopted the retail method of accounting for its merchandise inventory. To prepare the store's financial statements at June

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As of January 1, 2025. Vaughn Inc. adopted the retail method of accounting for its merchandise inventory. To prepare the store's financial statements at June 30,2025 , you obtain the following data. Prepare a schedule to compute Vaughn's June 30, 2025, imventory at cost under the conventional retail method of accounting for inventories Inventory at cost under the corventional retail method Without prepadice to your solution to part (a), assume that you computed the June 30, 2025, inwentory to be $62.640 at retail and the ratio of cost to retail to be 62%. The general price level has increased from 100 at January 1,2025 , to 108 at June 30,2025 Compute the fune 30,2025 , inventory at the fune 30 price levelunder the dollar value Lifo retail method, (Roumd fatioe for computationol purposes to 0 decimal places, es. 78x and final answer to 0 decimal places, es. 28,987.) Ending inventory at dollar-value LIFO cost 5

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