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Ending Inventory Costs Sandy Chen owns a small specialty store, named Chen's Chattel, whose year - end is June 3 0 . A physical inventory

Ending Inventory Costs
Sandy Chen owns a small specialty store, named Chen's Chattel, whose year-end is June 30. A physical inventory taken on June 30 reveals the following:
Cost of merchandise on the showroom floor and in the warehouse
$43,600
Goods held on consianment (consionor is National Manufacturer)
6,400
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