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( 4 points ) Hornacek Company uses the gross profit method to estimate inventory for monthly reporting purposes. Presented below is information for the month
points Hornacek Company uses the gross profit method to estimate inventory for monthly reporting purposes. Presented below is information for the month of May. Instructions Compute the estimated inventory at May assuming that the gross profit is of sales. 
points Hornacek Company uses the gross profit method to estimate inventory for monthly
reporting purposes. Presented below is information for the month of May.
Instructions
Compute the estimated inventory at May assuming that the gross profit is of sales.
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Horngrens Accounting
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann L. Johnston, Peter R. Norwood
10th Canadian edition Volume 2
978-0134213118, 134213114, 133855384, Google Book, 978-0133855388
