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Practice Exercise 9-5 Presented below is information related to Windsor, Inc. Cost $501,500 2,242,000 95,580 Retall $885,000 3,953,000 17,700 Beginning inventory Purchases Freight on purchases
Practice Exercise 9-5 Presented below is information related to Windsor, Inc. Cost $501,500 2,242,000 95,580 Retall $885,000 3,953,000 17,700 Beginning inventory Purchases Freight on purchases Markups Markus Markup cancellations Abnormal Abnormal shortage Markdowns Markdown cancellations Employee discounts Sales revenue Sales returns Normal shortage Purchase returns 206,500 165,200 30,680 103,840 14,160 6,136 4,218,500 118,000 20,650 48,380 25,960 Compute ending inventory by the conventional retail inventory method. (Round percentages for computational purposes to 1 decimal place, e.g. 0.4158 to 41.6% and final answer to 0 decimal places, e.g. 5,275.) Ending inventory $ Click if you would like to Show Work for this question: Open Show Work
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