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May 31, Coronado Company At May 31, Coronado Company has net sales of $360,000 and cost of goods available for sale of $249,000. Compute the
May 31, Coronado Company
At May 31, Coronado Company has net sales of $360,000 and cost of goods available for sale of $249,000. Compute the estimated cost of the ending inventory, assuming the gross profit rate is 35%. Estimated cost of ending inventory Step by Step Solution
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