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P moving to another question W save this response Question 8 Presented below is information related to Manama Company. Beginning inventory Purchases Markups Markup cancellations

P moving to another question W save this response Question 8 Presented below is information related to Manama Company. Beginning inventory Purchases Markups Markup cancellations Markdowns Markdown cancellations Sales Cost Retail $550,000 $600,000 2,100,000 3,700,000 170,000 60,000 52,000 15,000 4,500,000 Sales returns Required: 550,000 Compute the ending inventory at retail and at cost by the conventional retail inventory method (Show your calculations). For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI Paragraph Arial 10pt iii < A

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