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For the current fiscal year, Purchases were $190,000, Purchase Returns and Allowances were $3,400 and Freight In was $13,000. If the beginning merchandise inventory was
For the current fiscal year, Purchases were $190,000, Purchase Returns and Allowances were $3,400 and Freight In was $13,000. If the beginning merchandise inventory was $130,000 and the ending merchandise inventory was $79,000, the Net Delivered Cost of Purchases is:
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