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Business, 05.11.2019 03:31 milkshakegrande101

Ann co. uses the dollar-value lifo retail method. the beginning inventory, purchased when the price index was 100, had a retail value of $4,000 and a cost of $3,600. during the period, purchases amounted to $60,000 at retail ($52,800 at cost). sales amounted to $56,300. the year-end price index was 110. what is the cost of ending inventory?

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