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resented below is information related to Marin Inc. Retail Cost Inventory, 12/31/17 Purchases Purchase returns Purchase discounts Gross sales revenue Sales returns Markups Markup cancellations
resented below is information related to Marin Inc. Retail Cost Inventory, 12/31/17 Purchases Purchase returns Purchase discounts Gross sales revenue Sales returns Markups Markup cancellations Markdowns Markdown cancellations Freight-in Employee discounts granted Loss from breakage (normal) $245,900 928,258 59,900 17,700 $388,800 1,482,700 81,600 1,427,200 96,100 118,000 40,100 45,900 19,900 42,800 7,900 4,200 ssuming that Marin Inc. uses the conventional retail inventory method, compute the cost of its ending inventory at December 31, 2018. (Round atios for computational purposes to 0 decimal places, e.g 78% and final answer to 0 decimal places, eg. 28,987.) nding inventory using the conventional retail inventory method resented below is information related to Marin Inc. Retail Cost Inventory, 12/31/17 Purchases Purchase returns Purchase discounts Gross sales revenue Sales returns Markups Markup cancellations Markdowns Markdown cancellations Freight-in Employee discounts granted Loss from breakage (normal) $245,900 928,258 59,900 17,700 $388,800 1,482,700 81,600 1,427,200 96,100 118,000 40,100 45,900 19,900 42,800 7,900 4,200 ssuming that Marin Inc. uses the conventional retail inventory method, compute the cost of its ending inventory at December 31, 2018. (Round atios for computational purposes to 0 decimal places, e.g 78% and final answer to 0 decimal places, eg. 28,987.) nding inventory using the conventional retail inventory method
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