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Cullumber Comparry uses the gross profit method to estimate inventory for monthly reporting purposes, Presented belowis information for the month of May. Compute the estimated

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Cullumber Comparry uses the gross profit method to estimate inventory for monthly reporting purposes, Presented belowis 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 sales fo 2 decimal places, e.g. 78.74% and final answer to 0 decimal places, e.8.6.225. The estimated irventory at Mary 315

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