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Grouper Company uses the goss profit method to estimate imentory for monthly reporting purposes. Presented below is Information for the month of May. (a) Compute

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Grouper Company uses the goss profit method to estimate imentory for monthly reporting purposes. Presented below is Information for the month of May. (a) Compute the estimated imventory at May 31 , assuming that the gross profit is 25% of sales The estimated inventory at May 31

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