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Questions $450,000 Sales Purchases for the year 20,000 Sales returns $1,329,000 Fint Corp. tost most of its inventory in a fire in December, just before

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Questions $450,000 Sales Purchases for the year 20,000 Sales returns $1,329,000 Fint Corp. tost most of its inventory in a fire in December, just before the year end physical inventory was taken. The corporation's books discosed the following: Beginning Inventory 51,000 Purchase returns 61,000 Gross margin on sales 43% Merchandise with a selling price of $42.000 remained undamaged after the fire. Damaped merchandise with an original selling price of $20,000 had a net realitzable value of 89,600, (0) Calculate the amount lost because of the fire, assuming that the corporation had no insurance coverage Lon of inventory due to fires Attempts: 0 of 1 used am Question Dorino 2020. Namunture United purchased arabaytond of wicker manter the camera da lume sum of 156,200, because it was discontinuing manufacturing operations and wanted to dispose of its entire stock. Three types of charmeuded the card. The three types and the estimated willing price for each are as follows: Estimated Selling Type No. of Chairs Price per Chair Lounge Chairs 460 Straight hair 620 Armchairs 350 aromates that the costs to sell this inventory would be perche During 2020, wywalsells 400 lounge chains 250 armchairs and 13 straight chairs, all at the same prices semated. At December 31 2020, the remaining chains were put on see the lounge chains 23% of treguar ta armchant 30 and the right can at cok off. Al were expected to be told at the prices (A) was the most of the chair remaining in nentory at the end of 2010. wing the relatie es va method Yadund percentary to s dlincinin alace 2.0.32 and all other amount to decimal Total costs Attempts of 1 used BUSRET ANSWER Tre Stude

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