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ElsTE JanE Enterprises has chosen to use the LIFO Retail dollar value at thod to value WER Inventory. the following data has been accumulated from

ElsTE JanE Enterprises has chosen to use the LIFO Retail dollar value at thod to value WER Inventory. the following data has been accumulated from the accounting Records. Retail Cost ModsE mentry Jan 1, 2024 240,000 375,000 Net Puchase 505, 000 765,00 0 NET MARGINS 10, 500 NET SALES 300 0 RELEVANT Retail Price IndicEs: Jan 1, 2024 1.00 It 31 20 24 1. 10 Required: CulauilAtE the cost of ending Quetory by DECEMBER 31 2024. NOTE: Rounded Cost of Pale Recentage to I decimal place

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