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Retali Inventory Method Uncle Butch's Hunting Supply Shop reports the following information related to inventory: Calculate Uncle Butch's Hunting Supply Shop's ending inventory using the

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Retali Inventory Method Uncle Butch's Hunting Supply Shop reports the following information related to inventory: Calculate Uncle Butch's Hunting Supply Shop's ending inventory using the retail inventory method under the lower of average cost or market assumption. Round the cost-to-retail ratio to 3 decimal places

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