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Discuss the treatment of freight-in

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Questions -

Q1. Discuss the treatment of freight-in, net markups, normal spoilage, and employee discounts in the application of the retail inventory method.

Q2. Explain the difference between the retail inventory method using LIFO and the dollar-value LIFO retail method.

Q3. Describe the accounting treatment for a change in inventory method other than to LIFO.

Reference no: EM132504844

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