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On january 1, 2021, the Brunswick Hat Company adpoted the dollar-value LIFO retail methodx The following data are available for 2021: Calculate the estimated ending

On january 1, 2021, the Brunswick Hat Company adpoted the dollar-value LIFO retail methodx The following data are available for 2021:
Calculate the estimated ending inventory and cost of goods sold for 2021 using yhr information provided, image text in transcribed
you have completed so far. It does not indicate Exercise 9-19 (Algo) Dollar-value LIFO retall [LO9-5] On January 1, 2021, the Brunswick Hat Company adopted the dollar-value LIFO retall method. The following data are available for 2021: Beginning inventory Net purchases Net markups Net markdowns Net sales Retail price index, 12/31/2021 Cost Retail $ 84,560 $ 151, 000 127,000 260,000 9,000 15,000 237,000 1.05 Required: Calculate the estimated ending inventory and cost of goods sold for 2021 using the information provided. (Do not round Intermediate calculations.) Answer is complete but not entirely correct. Ending inventory at retail Ending inventory at cost Cost of goods sold $ 168,000 $ 122,384 $ 89,176 Peny 1 of 8 0 Next >

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