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Andover Stores uses the average cost retail method to estimate its ending inventory. Information as of June 30. 2016. is as follows: Required: Use the
Andover Stores uses the average cost retail method to estimate its ending inventory. Information as of June 30. 2016. is as follows: Required: Use the retail method to estimate the June 30. 2016. inventory. (Round ''Cost-to-retail percentage'' to 1 decimal place.) Estimated ending inventory (At Retail) Estimated ending inventory (At Cost)
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