Check my went Problem 9-11 (Algo) Dollar-value LIFO retail (LO9-5) On January 1, 2021, HGC...
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Check my went Problem 9-11 (Algo) Dollar-value LIFO retail (LO9-5) On January 1, 2021, HGC Camera Store adopted the dollar-value LIFO retail inventory methodInventory transactions at both cost and retail, and cost indexes for 2021 and 2022 are as follows: Deginning inventory Net purchases Treight-in Het markup et sardone Net sales to custom Sales to employees (met of 100 discount) Price Tedex January 1, 2021 December 31, 2021 December 31, 2022 2021 2022 Coat Race Cont Retail $ 57,000 $ 76,000 109,160 126,000 $115,150 $133.400 3.800 4,300 19.000 11,600 3.800 4.000 124,460 120.440 4.500 3,850 1.00 1.07 1.12 Required: Estimate the 2021 and 2022 ending inventory and cost of goods sold using the dollar value LIFO retail Inventory method. (Do not round other intermediate calculations. Round your cost-to-retail percentage calculation to 2 decimal places and final answers to the nearest whole dollar) 2021 2072 Estimated ending inventory at res Estimated ending inventory.com Estimated cost of goods sold
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