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Bonita Company uses the gross profit method to estimate inventory for monthly reporting purposes. Presented below is information for the month of May. Compute the

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Bonita Company uses the gross profit method to estimate inventory for monthly reporting purposes. Presented below is information for the month of May. Compute the estimated inventory at May 31 , assuming that the gross profit is 25% of cost. (Round percentage of soles to 2 decimal places, es. 78.74% and final answer to 0 decimal places, es. 6, 225.) The estimated inventory at May 31

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