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$119,749.42$134,152.58$253,902.00$327,764.40 Northern Industries had sales of $426,000 in the month of May. Use the retail method to estimate the value of the inventory as of
$119,749.42$134,152.58$253,902.00$327,764.40 Northern Industries had sales of $426,000 in the month of May. Use the retail method to estimate the value of the inventory as of May 31 given the following financial information. Northern Industries Financial Highlights (Round cost ratio to four decimal places.) O O O O May 1 to May 31 Beginning Inventow Net Purchases (May) Total Available for Sale $119,749.42 $134,152.58 $253,902.00 $327,764.40 COST $434,719 146,921 RETAIL $585,100 170,900
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Financial Accounting An International Introduction
Authors: David Alexander, Christopher Nobe
6th Edition
1292102993, 978-1292102993
