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Beerbo uses the LIFO retail method to determine its ending inventory at cost. Additional information related to Beerbo's inventory costs (inventory sales) are as follows:

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Beerbo uses the LIFO retail method to determine its ending inventory at cost. Additional information related to Beerbo's inventory costs (inventory sales) are as follows: Beginning inventory at cost (retail) were $300 ($600). Purchases during the current year at cost (retail) were $2,000 ($3,500). Freight-in on these purchases totaled $100. Sales during the current year totaled $3,000. Net markups (markdowns) were $50 ($100). Input the appropriate dollar amount in each cell in the table below. Round percentages to the first decimal; e.g. 12.34% = "12.3"; Enter negative numbers with parentheses; Input dollar amounts with commas, rounded to the nearest dollar) Enter zero for cells that require no input (.e. are not needed for this particular problem) Cost Retail Ratio Beginning inventory Purchases Freight in Net markups Net markdowns A Current year additions A Goods available A Net markdowns COGS and Sales Ending inventory Inventory increase (decrease)

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