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Use the Inventory Table and the gross profit inventory method to estimate the ending inventory and cost of goods sold if a 4 2 %
Use the Inventory Table and the gross profit inventory method to estimate the ending inventory and cost of goods sold if a gross profit on sales is realized and net sales are $Date of purchaseUnits purchasedCost per unitRetail price per unitBeginning inventory$$April $$May $$June $$The estimated cost of goods sold is $The estimated ending inventory is $ Round to the nearest cent as needed.Round to the nearest cent as needed.
Use the Inventory Table and the gross profit inventory method to estimate the ending inventory and cost of goods sold if a gross profit on sales is realized and net sales are $Date of purchaseUnits purchasedCost per unitRetail price per unitBeginning inventory$$April $$May $$June $$The estimated cost of goods sold is $The estimated ending inventory is $ Round to the nearest cent as needed.Round to the nearest cent as needed.
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