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Murdock industries uses a periodic inventory system and the LIFO retail method to estimate its ending inventories. The following dat has been summarized for December
Murdock industries uses a periodic inventory system and the LIFO retail method to estimate its ending inventories. The following dat has been summarized for December 31,2024 : Required: Estimate the LIFO cost of ending inventory. Assume stable retail prices during the period. Note: Do not round your "Cost-to-retail percentage" and round your final answer to the nearest whole number
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