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HomeworkSavedHelpSave & ExitSuYou skipped this question in the previous attempt . 6 Check my woExercise 6 - 1 2 Estimating ending inventory - gross profit
HomeworkSavedHelpSave & ExitSuYou skipped this question in the previous attemptCheck my woExercise Estimating ending inventorygross profit method LOpointsOn January The Parts Store had a $ inventory at cost During the first quarter of the year, it purchased $ of merchandise, returned $ and paid freight charges on purchased merchandise totalling $ During the past several years. the store's gross profit on sales has averaged Under the assumption the store had $ of sales during the first quarter of the year, use the gross profit method to estimate its inventory at the end of the first quarter.ebookPrintReferences
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