Question: Compute estimated ending inventory at cost using LIFO Retail Method 2 3 4 5 6 7 8 9 10 Given Info: Beginning Inventory Net Purchases

Compute estimated ending inventory at cost using LIFO Retail Method 2 3 4 5 6 7 8 9 10 Given Info: Beginning

2 3 4 5 6 7 8 9 10 Given Info: Beginning Inventory Net Purchases Net Markups Net Markdowns cost $200,000 $412,000 Retail $312,000 $658,000 $65,000 ($40,000)) $612,000 Sales Com ute Estimated Ending Inventory at Cost using LIFO Retail Method

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