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Accounting question: Hairraising Hats has three lines of hats: baseball. winter. and fashion. On May 13, 2020, Hat-raising Hats had a re that destroyed the

Accounting question:

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Hairraising Hats has three lines of hats: baseball. winter. and fashion. On May 13, 2020, Hat-raising Hats had a re that destroyed the baseme hat inventory. Sales for the period January 1 to May 10 for the baseball hats were $330,000. Inventory at January 1. 2020, for the baseball hats was $95,000 (cost). $295,000 (retail). Ptrohases made from January 1 to May 10 for the baseball hats at cost were $245,000 and at retail were $?30.000. Use the retail method to calculate the cost of the inventory lost in the re. Complete the table below. {Enter the cost-to-retail ratio as a percentage rounded to the nearest whole number, Xi. Round the estimated ending Inventory at cost to the nearest whole dollar.} Baseball Hats Beginning inventory Coat of goods purchased Goods available for sale Leas: Sales at retail Ending inventory remaining at retail Coatto retail ratio: % Estimated ending inventory at cost At Cost At Retail

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