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The company records sales net of employee discounts. Discounts for 2013 totaled $3, 200. Estimate Sparrow's ending inventory and cost of goods sold for the
The company records sales net of employee discounts. Discounts for 2013 totaled $3, 200. Estimate Sparrow's ending inventory and cost of goods sold for the year using the retail inventory method and the average cost application. Estimate Sparrow's ending inventory and cost of goods sold for the year using the retail inventory method and the conventional (average, LCM) application
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