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=red wers Question 6 0/1 pts On January 1, year 1, the Willow Bat Company adopted the dollar-value LIFO retail method. The following data
=red wers Question 6 0/1 pts On January 1, year 1, the Willow Bat Company adopted the dollar-value LIFO retail method. The following data are available for year 1: Beginning inventory Cost $77,140 Net purchases Net markups Net markdowns Net sales Retail $133,000 111,760 259,000 6,000 (11,000) 235,639 1.04 Retail price index, Dec. 31, year 1 Calculate the estimated ending inventory and cost of goods sold for year 1. (Do not round intermediate calculations.) 236,000 82,878 (with margin: 0)
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