Question: When using the dollar - value LIFO retail method, if the incremental layer was added last year, it should be multiplied by this year's cost
When using the dollarvalue LIFO retail method, if the incremental layer was added last year, it should be multiplied by
this year's cost ratio and this year's index.
last year's cost ratio and last year's index.
last year's cost ratio and this year's index.
this year's cost ratio and last year's index.
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