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Barbara Co. presents the following information:CostRetailNet markups$785Sales2,850Purchases$1,5702,150Net markdowns50Beginning inventory300350The company uses the average cost retail inventory method. What is the cost of ending inventory?

Barbara Co. presents the following information:CostRetailNet markups$785Sales2,850Purchases$1,5702,150Net markdowns50Beginning inventory300350The company uses the average cost retail inventory method. What is the cost of ending inventory?

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