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CHAPTER 7-INVENTORIES O Previous Page 18 of 18 lll Using the tollowing cost data, estimate the cost of ending merchandise inventory 350,000 65% $50,000 $125,000

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CHAPTER 7-INVENTORIES O Previous Page 18 of 18 lll Using the tollowing cost data, estimate the cost of ending merchandise inventory 350,000 65% $50,000 $125,000 Sales Estimated gross profit rate Beginning merchandise inventory Purchases o a $125,000 b $50,000 C. $175,000 d. $52.500 O Type here to search

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