Dakota Company had net sales ( at retail ) of $ 1 4 4 , 0 0
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Dakota Company had net sales at retail of $
tableAt Cost,At RetailBeginning inventory,$$
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es Dakota Company had net sales (at retail) of $144,000. At Cost $ 33,300 51,054 At Retail $ 65,600 99,800 Beginning inventory Cost of goods purchased The above additional information is available from its records. Use the retail inventory method to estimate Dakota's year-end inventory at cost. (Round cost ratio to the nearest whole percentage.). Beginning inventory Cost of goods purchased Net sales at retail $ $ At Cost 33,300 51,054 84,354 Cost-to-Retail Ratio $ $ At Retail 65,600 99,800 165,400 es Dakota Company had net sales (at retail) of $144,000. At Cost $ 33,300 51,054 At Retail $ 65,600 99,800 Beginning inventory Cost of goods purchased The above additional information is available from its records. Use the retail inventory method to estimate Dakota's year-end inventory at cost. (Round cost ratio to the nearest whole percentage.). Beginning inventory Cost of goods purchased Net sales at retail $ $ At Cost 33,300 51,054 84,354 Cost-to-Retail Ratio $ $ At Retail 65,600 99,800 165,400
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0077862275
22nd edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
Posted Date:
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