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Required Information LeMay Department Store uses the retall inventory method to ectimate ending inventory for its morrthly financial Sales are recorded net of employee discounts.

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Required Information LeMay Department Store uses the retall inventory method to ectimate ending inventory for its morrthly financial Sales are recorded net of employee discounts. 2. Recompute the cost-to-retall percentage using the average cost method: Note: Round your percentage answer to 2 decimal places (Le, 0.1234 should be entered as 12.34%

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