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Estimating Inventory Using Retail Inventory Method - Average Cost Rainey Retailers disclosed the following data for January. Calculate estimated ending inventory using the average cost

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Estimating Inventory Using Retail Inventory Method-Average Cost
Rainey Retailers disclosed the following data for January.
Calculate estimated ending inventory using the average cost retail method.
Note: Use negative signs as appropriate in the following schedule.
Note: Use the result above EXACTLY as shown to compute the following amount.
Estimated ending inventory at cost:
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