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eBook Calculator Print Item Gross Profit Method Based on the following data, estimate the cost of the ending inventory: Sales Estimated gross profit rate Beginning

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eBook Calculator Print Item Gross Profit Method Based on the following data, estimate the cost of the ending inventory: Sales Estimated gross profit rate Beginning inventory Purchases (net) Merchandise available for sale $6,400,000 35% $4,132,000 419,000 $4,551,000 Estimated Cest of Ending Inventory

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