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Dollar-Value LIFO-Retail Method. the Records of Heese Stores Provided the Following Data for Following

Question 41

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Dollar-value LIFO-retail method.
The records of Heese Stores provided the following data for the year: Dollar-value LIFO-retail method. The records of Heese Stores provided the following data for the year: Other data are: Freight-in, $14,000; net markups, $8,000; net markdowns, $6,000; and the price index for the year is 110. Instructions Determine the approximate valuation of the final inventory by the dollar-value, LIFO-retail method. Label all figures. Other data are: Freight-in, $14,000; net markups, $8,000; net markdowns, $6,000; and the price index for the year is 110.

Instructions
Determine the approximate valuation of the final inventory by the dollar-value, LIFO-retail method. Label all figures. Dollar-value LIFO-retail method. The records of Heese Stores provided the following data for the year: Other data are: Freight-in, $14,000; net markups, $8,000; net markdowns, $6,000; and the price index for the year is 110. Instructions Determine the approximate valuation of the final inventory by the dollar-value, LIFO-retail method. Label all figures.

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