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Rugged Outfitters is a rear of outdoor clothing and equipment. The company has a standard mark-up of 100% on invoiced cost inventory at the beginning

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Rugged Outfitters is a rear of outdoor clothing and equipment. The company has a standard mark-up of 100% on invoiced cost inventory at the beginning of the fiscal year was $1.180.000. During the year, the company purchased $18.800.000 of goods and recorded sales of $29.750,000. The year-end invertory count showed $2.889.500 of inventory measured at actual retail prices. Included in this total of 2.889.900 is $450 500 of goods that had been discounted by 30% rative to prices Using the r i vertory method, estimate the cost of inventory at the year-end and the amount of cost of goods sold Requirement. Using the inventory method, estimate the cost of inventory at the year and and the amount of cost of goods sold Begin by completing the table below to determine the estimated cost of inventory a year and leave unused calls blank Round C Con the nearest whole dollar o fra price to four decimal places XX Round the stated Markup on cost Mark-down (% of regular price Retail price per dollar of cost Costas % of retail price Retail value of inventory Estimated cost Product category Regular Discounted Enter any number in the folds and then click Check Answer 1 Porno Clear Al Check Awe Rugged Outfitters is a rear of outdoor clothing and equipment. The company has a standard mark-up of 100% on invoiced cost inventory at the beginning of the fiscal year was $1.180.000. During the year, the company purchased $18.800.000 of goods and recorded sales of $29.750,000. The year-end invertory count showed $2.889.500 of inventory measured at actual retail prices. Included in this total of 2.889.900 is $450 500 of goods that had been discounted by 30% rative to prices Using the r i vertory method, estimate the cost of inventory at the year-end and the amount of cost of goods sold Requirement. Using the inventory method, estimate the cost of inventory at the year and and the amount of cost of goods sold Begin by completing the table below to determine the estimated cost of inventory a year and leave unused calls blank Round C Con the nearest whole dollar o fra price to four decimal places XX Round the stated Markup on cost Mark-down (% of regular price Retail price per dollar of cost Costas % of retail price Retail value of inventory Estimated cost Product category Regular Discounted Enter any number in the folds and then click Check Answer 1 Porno Clear Al Check Awe

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