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Vaughn Department Store estimates inventory by using the retail inventory method. The following information was developed: Beginning inventory Goods purchased Net sales At Retail $230000
Vaughn Department Store estimates inventory by using the retail inventory method. The following information was developed: Beginning inventory Goods purchased Net sales At Retail $230000 360000 332000 At Cost $86000 150000 The estimated cost of the ending inventory is O $258000. O $144000. O $96000 O S103200
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