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quiz help fast please! Oriole Company prepares monthly financial statements and uses the gross profit method to estimate ending inventories, Historically, the company has had

quiz help fast please!
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Oriole Company prepares monthly financial statements and uses the gross profit method to estimate ending inventories, Historically, the company has had a 45% gross profit rate. During June, net sales amounted to $ 183000; the beginning inventory on June 1 was $ 55000; and the cost of goods purchased during June amounted to $ 89000. The estimated cost of Oriole Company's inventory on June 30 is $82350 $43350 $ 24750 O $132350

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