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Brief Exercise 9-8 (Algo) Retail inventory method; LIFO [LO9-3] Kiddie World uses a periodic inventory system and the retail inventory method to estimate ending inventory
Brief Exercise 9-8 (Algo) Retail inventory method; LIFO [LO9-3] Kiddie World uses a periodic inventory system and the retail inventory method to estimate ending inventory and cost of goods sold The following data are avallable at the end of the year: Estimate ending inventory and cost of goods sold (LIFO). Note: Round ratio colculotion to 2 decimal places (l.e., 0.1234 should be entered as 12.34%.) Answer is complete but not entirely correct. Answer is complete but not entirely correct
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