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Multiple 110 the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (retail) were $385000 ( ), purchases

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Multiple 110 the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (retail) were $385000 ( ), purchases during the current year at cost (retail) were $1955000 ($3200000o), freight in on (markdowns) were $67000 ($103000). What is the ending inventory value at cost? Hint: Round int these purchases totaled $124000, sales during the current year to ermediate calculation to 3 dedmal places, e.g. 0.635 and final answer to O decimal O $545067. $624303. Question Attempts: 0 of I used SAVE FOR LATE SURNET ANSWER Eam Maximum Points available only if you answer this question correctly in your first here to search

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