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Cullumber Co. uses the retail inventory method. The following information is available for the current year. The approximate cost of the ending inventory by the

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Cullumber Co. uses the retail inventory method. The following information is available for the current year. The approximate cost of the ending inventory by the conventional retail method is (Round cost-to-retail ratio percentages to 1 decimo ploces, es. 52.7%=0.527. $392000$381096$350933.$354873

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