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Grouper Corporation adopted the dollar - value LIFO retail inventory method on January 1 , 2 0 2 4 . At that time the inventory
Grouper Corporation adopted the dollarvalue LIFO retail inventory method on January At that time the inventory had a cost of $ and a retail price of $ The following information is available:Grouper Corporation adopted the dollarvalue LIFO retail inventory method on January At that time the inventory had a cost of $ and a retail price of $ The following information is available:
tabletableYearEndInventory at RetailtableCurrent YearCostRetail tableYearEndPrice Index$
The price index at January is
Compute the ending inventory at December of the years Round ratios for computational purposes to decimal place, eg and final answers to decimal places, eg
$
$
$
$
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