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QUESTION 28 Kerstin the conventional retail method to determine its ending inventory at cost. Assume the following: Being vertory chase dumng the current yes Cost
QUESTION 28 Kerstin the conventional retail method to determine its ending inventory at cost. Assume the following: Being vertory chase dumng the current yes Cost $387.000 $1,995,000 Retail 5591,000 33.240.000 on these purchase totaled 5126,000 sales (at rotal prices during the current year totaled $2,940,000, and net markups were $60,000 and net markdowns were $105,000 the ending inventory value at cost? 5.000 $57.913 $48.830 $630 TS
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