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please I need the correct answer. this is my final chance of submitting the answer. Inventory on January 1,2025, at cost and retail are $106000
please I need the correct answer. this is my final chance of submitting the answer.
Inventory on January 1,2025, at cost and retail are $106000 and $159000, respectively. Cullumber Company established its base year amounts on January 1, 2025. The price index for 2025 was 120 and the cost-retail percentage for 2025 was 70.00%. If ending inventory at retail was $222600, how much would Cullumber's ending inventory be using the dollar-value LIFO retail method? $128260$155820$222600$169600Step by Step Solution
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Introductory Statistics For The Behavioural Sciences
Authors: Joan Welkowitz, Robert B. Ewen, Jacob Cohen
2nd Edition
0127432604, 9780127432601
