Question
On a separate piece of paper use the information below to calculate the estimated ending inventory at March 31, 2020. (Round your answers to the
On a separate piece of paper use the information below to calculate the estimated ending inventory at March 31, 2020. (Round your answers to the nearest whole number). Use your answer to match the correct answer to the questions below. January 1 - March 31, 2020 At Cost Beginning inventory $35,600 Cost of good purchased $18,500 Transport in $1,200 Transport out $800 Net Sales What is the goods available for sale at cost for the Choose... period January 1 to March 31, 2020? What is the goods available for sale at retail for the period January 1 to March Choose... 31, 2020? What is the ending inventory at retail at March 31, 2020? What is the cost to retail Choose
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