Multiple Choice
Data below for the year ended December 31, 2018, relates to Houdini Inc. Houdini started business January 1, 2018, and uses the LIFO retail method to estimate ending inventory. 
-Estimated ending inventory at retail is:
A) $65,000.
B) $169,600.
C) $25,000.
D) $129,000.
Correct Answer:
Verified
Correct Answer:
Verified
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