Question
How to calculate inventory layers using dollar value LIFO retail method? I know the first layer you use beginning inventory and a percentage, but where
How to calculate inventory layers using dollar value LIFO retail method? I know the first layer you use beginning inventory and a percentage, but where to the percentages and second layer numbers come from?
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Managerial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
8th edition
ISBN: 978-1-119-3904, 1119392422, 111939242X, 1119390451, 978-1119392422
