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Current Attempt in Progress The records of Windsor's Boutique report the following data for the month of April. Sales revenue $191,000 Purchases (at cost)
Current Attempt in Progress The records of Windsor's Boutique report the following data for the month of April. Sales revenue $191,000 Purchases (at cost) $92.000 Sales returns 3,900 Purchases (at sales price) 176,000 Additional markups 20,800 Purchase returns (at cost) 3,900 Markup cancellations 3,100 Purchase returns (at sales price) 5.700 Markdowns 17,000 Beginning inventory (at cost) 71,510 Markdown cancellations 5,600 Beginning inventory (at sales price) 95.000 Freight on purchases 1,700 Compute the ending inventory by the conventional retail inventory method. Ending inventory using conventional retail inventory method $
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