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On January 1,2024, Select Variety Store adopted the dollar-value LIFO retail inventory method. Accounting records...

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Accounting

On January $1, 2024,$ Select Variety Store adopted the dollar $-$ value LIFO retail inventory method. Accounting records provided the following information:

$\$ table $[[$ Beginning inventory,Cost,Retail $], [$ Net purchases,$ $40, 800,$ $ $68, 000$

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