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Business, 27.11.2019 04:31 tysisson9612

Presented below is information related to kingbird corporation. price index lifo cost retail inventory on december 31, 2020, when dollar-value lifo is adopted 100 $34,200 $77,200 inventory, december 31, 2021 110 ? 97,240 compute the ending inventory under the dollar-value lifo method at december 31, 2021. the cost-to-retail ratio for 2021 was 60%.

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