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Mark Price Compary uses the gross profit method to estimate inventory for monthly reporting purposes. Presented below is information for the month of May. Your

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Mark Price Compary uses the gross profit method to estimate inventory for monthly reporting purposes. Presented below is information for the month of May. Your answer is correct. Compute the estimated inventory at May 31, assuming that the sess prufit is 308 of net sales. The estimatid imentory at May at ETectbook and Nedia . Voir anwist is inciecrect. The entinated incititiry at Mxy at

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