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Given the following October 2017 data for the Paquette Company: Beginning Inventory Mark ups Mark-up Cancellations Net Sales Net Purchases At Cost $1,500 At Retail
Given the following October 2017 data for the Paquette Company: Beginning Inventory Mark ups Mark-up Cancellations Net Sales Net Purchases At Cost $1,500 At Retail $2,250 $250 $150 $5,000 $4,500 $6,650 Using the Retail method, the inventory cost estimate at 10/31/17 is: Select one: O a. $2,900 O b. $2,667 O c. $3,278 O d. $2,250 O e. $4,000
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