geese company utilizes the dollar-value lifo retail inventory method. its cost-to-retail percentage is 60% based on beginning inventory and 64% based on current-period purchases. the company determined that beginning inventory at retail was $200,000 and that ending inventory at current-year retail prices was $250,000. the current-year price index is 1.10. round interim calculations to the nearest whole dollar amount. estimated ending inventory at cost would be

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isiahamccoy2046 isiahamccoy2046

02-11-2022
Business

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geese company utilizes the dollar-value lifo retail inventory method. its cost-to-retail percentage is 60% based on beginning inventory and 64% based on current-period purchases. the company determined that beginning inventory at retail was $200,000 and that ending inventory at current-year retail prices was $250,000. the current-year price index is 1.10. round interim calculations to the nearest whole dollar amount. estimated ending inventory at cost would be

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