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Required information Problem 9 - 6 ( Algo ) Retail inventory method; average cost and conventional [ LO 9 - 3 , 9 - 4

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Problem 9-6(Algo) Retail inventory method; average cost and conventional [LO9-3,9-4]
[The following information applies to the questions displayed below.]
Sparrow Company uses the retail inventory method to estimate ending inventory and cost of goods sold. Data for 2024 are as follows:
\table[[,Cost,Retail],[Beginning inventory,$92,000,$182,000
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