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Aztec Corporation uses a periodic inventory system and the retail inventory method to estimate ending inventory and cost of goods sold. The following data are
Aztec Corporation uses a periodic inventory system and the retail inventory method to estimate ending inventory and cost of goods sold. The following data are available for the month of September: The company used the average cost flow method and estimated inventory at the end of September to be \\( \\$ 24,120.00 \\). If the company had used the LIFO cost flow method, the cost-to-retail percentage would have been \50. Required: Compute net purchases at retail and net sales for the month of September using the information provided. Note: Do not round your intermediate calculations. Bosco Company adopted the dollar-value LIFO retail method at the beginning of 2024. Information for 2024 and 2025 is as follows, with certain data intentionally omitted: Required: Determine the missing data. Note: Round \"Cost-to-Retail Percentage\" to the nearest whole percent (i.e., 0.1234 should be entered as \12.34
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