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Brief Exercise 9-12 Windsor Inc. had beginning inventory of $11,505 at cost and $19,500 at retail. Net purchases were $121,170 at cost and $169,800 at
Brief Exercise 9-12 Windsor Inc. had beginning inventory of $11,505 at cost and $19,500 at retail. Net purchases were $121,170 at cost and $169,800 at retail. Net markups were $10,100, net markdowns were $6,800, and sales revenue was $145,300. Compute ending inventory at cost using the LIFO retail method. (Round ratios for computational purposes to 1 decimal place, e.g. 78.7% and final answer to 0 decimal places, e.g. 28,987.) Ending inventory using LIFO retail method Click if you would like to Show Work for this question: Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Question Attempts: 0 of 4 used SAVE FOR LATER SUBMIT ANSWER % Earn Maximum Points available only if you answer this question correctly in four attempts or less
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