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Benny's Bed Company uses a periodic inventory system and the average cost retail method to estimate ending inventory and cost of goods sold. The following

Benny's Bed Company uses a periodic inventory system and the average cost retail method to estimate ending inventory and cost of goods sold. The following data is available from the company records for the month of September 2024. Estimated ending inventory is: Note: Round cost-to-retail ratio to 4 decimal places. Multiple Choice $80,992. $80,065. $77,920

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