Bosco Company adopted the dollar-value LIFO retail method at the beginning of 2021. Information for 2021 and 2022 i...

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Bosco Company adopted the dollar-value LIFO retail method at the beginning of 2021. Information for 2021 and 2022 is as follo

Bosco Company adopted the dollar-value LIFO retail method at the beginning of 2021. Information for 2021 and 2022 is as follows with certain data intentionally omitted:

Required:

Determine the missing data. (Round "Cost-to-Retail Percentage" to the nearest whole percent (i.e., 0.1234 should be entered as 12%).)

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Answer 1

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Percontage Inventory Retail Cost to Retail lost Retail Brico Index Inventory 1//2021 $21,300 $30,000 71 Inventory, 12/31/202)

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