Brief Exercise 9-13 x Your answer is incorrect. Try again. Bramble Inc. had beginning inventory...
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Accounting
Brief Exercise 9-13 x Your answer is incorrect. Try again. Bramble Inc. had beginning inventory of $21,600 at cost and $36,000 at retail. Net purchases were $216,000 at cost and $306,000 at retail. Net markups were $18,000, net markdowns were $12,600, and sales revenue was $264,600. Assume the price level increased from 100 at the beginning of the year to 115 at year-end. Compute ending inventory at cost using the dollar-value LIFO retail method. (Round ratios for computational purposes to 1 decimal place, e.g. 78.7% and final answer to o decimal places, e.g. 28,987.) Ending inventory using the dollar-value LIFO retail method
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