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TB Problem 9 - 1 7 8 ( Algo ) Billingsly Products uses the conventional... Billingsly Products uses the conventional retail method to estimate its

TB Problem 9-178(Algo) Billingsly Products uses the conventional...
Billingsly Products uses the conventional retail method to estimate its ending inventories. The following data has been summarized for the year 2024 :
\table[[,Cost,Retail],[Inventory, January 1,$48,000,$75,500
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