Presented below is information related to Riverbed Corporation. Price Index LIFO Cost Retail Inventory on December...
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Presented below is information related to Riverbed Corporation. Price Index LIFO Cost Retail Inventory on December 31, 2025, when dollar-value LIFO is adopted 100 $45,600 $82,100 Inventory, December 31, 2026 105 7 97.755 Compute the ending inventory under the dollar-value LIFO method at December 31, 2026. The cost-to-retail ratio for 2026 was 50% Ending inventory under the dollar-value LIFO method at December 31, 2026 $ Presented below is information related to Riverbed Corporation. Price Index LIFO Cost Retail Inventory on December 31, 2025, when dollar-value LIFO is adopted 100 $45,600 $82,100 Inventory, December 31, 2026 105 7 97.755 Compute the ending inventory under the dollar-value LIFO method at December 31, 2026. The cost-to-retail ratio for 2026 was 50% Ending inventory under the dollar-value LIFO method at December 31, 2026 $
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