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Butfaio Corporation adopted the dollar-value LIFO retall inventory method on January 1.2024. At that time the inventory had a cost of $60,000 and a retall
Butfaio Corporation adopted the dollar-value LIFO retall inventory method on January 1.2024. At that time the inventory had a cost of $60,000 and a retall price of $100,000, The following informstion is wallable. The price index at lanuary 1,2024 , is 100 . Compute the ending inventory at December 31 of the vears 2024-2027. (Round ratios for computational purposes to 0 decimal places, es. 78x and final answers to 0 decimal places, es. 28.987. Buffalo Corporation adopted the dollarvalue UFO retail inventory method on January 1, 2024. At that time the inventory had a cost of $60,000 and a retail price of $100,000, The foltoning finformathon is avalable. The price index at January 1. 2024, is 100. Compute the ending inventocy t December 31 of the years 2024-2027 (Round ratios for computational purposes to 0 decimal places, es. 78% and final answers to 0 decimal ploces, e.3. 28,987
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