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Cradebook On December 31, Bell Company had an ending inventory of $100,400 based primarily on a physical count at its warehouse. In computing the final

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Cradebook On December 31, Bell Company had an ending inventory of $100,400 based primarily on a physical count at its warehouse. In computing the final balance of Inventory, the following information was available: (a) Inventory items with a cost of $2,610 were excluded from ending inventory. These goods were on consignment to Anderson Company and had not yet been sold by December 31 (b) Inventory items with a cost of $3,700 were excluded from ending inventory. These goods were in transit from Martinez Company to Bell Company and were purchased FOB (c) Inventory items with a cost of $2,710 were included in ending inventory. These goods were in transit from Bell Company to Stewart Company and were sold FOB destination Required Using the information given above, compute the correct final balance of Inventory Clear Undo H Next >>

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