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Presented below is information related to Headland Company. Beginning inventory Purchases Markups Markup cancellations Markdowns Markdown cancellations Sales revenue Cost $353,713 1,349,000 Retail $281,000 2,108,000
Presented below is information related to Headland Company. Beginning inventory Purchases Markups Markup cancellations Markdowns Markdown cancellations Sales revenue Cost $353,713 1,349,000 Retail $281,000 2,108,000 93,500 14,800 35,000 5,100 2,209,000 Compute the inventory by the conventional retail inventory method. Ending inventory using conventional retail inventory method LA $
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