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Retail Inventory Method Retail Inventory Method The following information relates to the retail inventory method used by Jeffress Company: Cost Retail Beginning inventory Purchases Freight-in

Retail Inventory Method

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Retail Inventory Method The following information relates to the retail inventory method used by Jeffress Company: Cost Retail Beginning inventory Purchases Freight-in Net additional markups Net markdowns Sales $11,160 $18,000 4,600 92,400 840 600 1,144 94,056 Retail Inventory Method The following information relates to the retail inventory method used by Jeffress Company: Cost Retail Beginning inventory Purchases Freight-in Net additional markups Net markdowns Sales $11,160 $18,000 4,600 92,400 840 600 1,144 94,056

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