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Dakota Company had net sales (at retail) of $260,000. The above additional information is available from its records. Use the retail inventory method to estimate

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Dakota Company had net sales (at retail) of $260,000. The above additional information is available from its records. Use the retail inventory method to estimate Dakota's year-end inventory at cost. (Round cost ratio to the nearest whole percentage.) Martinez Company's ending inventory includes the following items: Compute the lower of cost or NRV for ending inventory applied separately to each product

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