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Current Attempt in Progress The records for the Clothing Department of Kingbird's Discount Store are summarized below for the month of January. Inventory, January 1:
Current Attempt in Progress The records for the Clothing Department of Kingbird's Discount Store are summarized below for the month of January. Inventory, January 1: at retail $25,100; at cost $17,200 Purchases in January: at retail $135,800; at cost $86,906 Freight-in: $7,000 Purchase returns: at retail $2,900; at cost $2,300 Transfers in from suburban branch: at retail $13.100; at cost $9,400 Net markups: $8,000 Net markdowns: $3,900 Inventory losses due to normal breakage, etc.: at retail $500 Sales revenue at retail: $96.900 Sales returns: $2,400 (a) Compute the inventory for this department as of January 31, at retail prices. Ending inventory at retail $ Sales revenue at retail: $96.900 Sales returns: $2,400 (a) Compute the inventory for this department as of January 31, at retail prices. Ending inventory at retail $ e Textbook and Media Save for Later Attempts: 0 of 5 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above
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