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Assume ABC company use retail method to estimate ending inventory at cost cost retail sep 1. beginning inventory br 35000 br 50000 purchase in September

Assume ABC company use retail method to estimate ending inventory at cost

cost retail

sep 1. beginning inventory br 35000 br 50000

purchase in September (net) 115000 180000

sales in September (net) 130000

Task 1. using data below determine the cost of ending inventory?

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