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Metlock Corporation adopted the dollar - value LIFO retail inventory method on January 1 , 2 0 2 4 . At that time the inventory
Metlock 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.
The price index at January is
Compute the ending inventory at December of the years Round ratios for computational purposes to decimal places, eg
and final answers to decimal places, eg
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