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Required information Problem 9 - 1 3 ( Algo ) Retail inventory method; various applications [ LO 9 - 3 , 9 - 4 ,
Required information
Problem Algo Retail inventory method; various applications LO
The following information applies to the questions displayed below.
On January Pet Friendly Stores adopted the retail inventory method. Inventory transactions at both cost and retail, and cost indexes for and are as follows:
Problem Algo Part
Required:
Estimate the ending inventory and cost of goods sold using the average cost retail method.
Note: Round your costtoretail percentage to decimal places and round your final answers to nearest whole dollar.
Please help asap
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