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CALCULATOR PRINTER VERSION BACK NEXT Problem 9-9 Presented below is information related to Marin Inc. Cost Retail ventory, 12/31/17 Purchases Purchase returns Purchase discounts Gross
CALCULATOR PRINTER VERSION BACK NEXT Problem 9-9 Presented below is information related to Marin Inc. Cost Retail ventory, 12/31/17 Purchases Purchase returns Purchase discounts Gross sales revenue Sales returns Markups Markup cancellations Markdowns Markdown cancellations Freight-in Employee discounts granted Loss from breakage (normal) In $247,100 930,823 59,000 18,400 $390,000 1,484,000 78,500 1,410,500 98,700 118,400 39,600 45,300 20,000 42,800 7,900 5,000 Assuming that Marin Inc. uses the conventional retail inventory method, compute the cost of its ending inventory at December 31, 2018 (Round ratios for computational purposes to 0 decimal places, e.g 78% and final answer to 0 decimal places, eg. 28,987.) Ending inventory using the conventional retail inventory method Click if you would like to Show Work for this question: Open Show Work
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