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For the current fiscal year, Purchases were $240,000, Purchase Returns and Allowances were $3,900 and Freight In was $18,000. If the beginning merchandise Inventory was
For the current fiscal year, Purchases were $240,000, Purchase Returns and Allowances were $3,900 and Freight In was $18,000. If the beginning merchandise Inventory was $155,000 and the ending merchandise inventory was $84,000, the Net Delivered Cost of Purchases is: Multiple Choice $261,900 $218,100 $254,100 $240,000
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