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The Hepburn Company uses the LIFO retail method to estimate ending inventory. Data relating to Hepburn's inventory for the year ended December 3 1 ,

The Hepburn Company uses the LIFO retail method to estimate ending inventory. Data relating to Hepburn's

inventory for the year ended December

31, 20 2

is as follows:

Calculate Hepburn's current period cost

-

-

retail percentage.

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