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Required information [ The following information applies to the questions displayed below. ] Smith - Kline Company maintains inventory records at selling prices as well
Required information
The following information applies to the questions displayed below.
SmithKline Company maintains inventory records at selling prices as well as at cost For the records indicate the
following data:
Required:
Use the retail method to approximate cost of ending inventory valued under average cost method.
Note: Enter your answer in thousands including decimal places, ie would be
Answer is complete but not entirely correct.
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