Dollar-Value LIFO-Retail Method. the Records of Heese Stores Provided the Following Data for Following
Dollar-value LIFO-retail method.
The records of Heese Stores provided the following data for the year: 
Other data are: Freight-in, $14,000; net markups, $8,000; net markdowns, $6,000; and the price index for the year is 110.
Instructions
Determine the approximate valuation of the final inventory by the dollar-value, LIFO-retail method. Label all figures. 
Correct Answer:
Verified
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