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Your ancwer is incomect. Try aqain. Lang Inc. had beginning inventory of $22,000 at cost and $30,000 at retail. Net purchases were $157,500 at ost
Your ancwer is incomect. Try aqain. Lang Inc. had beginning inventory of $22,000 at cost and $30,000 at retail. Net purchases were $157,500 at ost and $215,000 at retal. Net markups were s10,000, net markdoans were $7,000, and sales were $184,500 Calculate the ending inventory at cost using the conventional retail method. (Rouad intermediate calclation to 2 decimal places, e.g. 15.21% and the final answer to 0 decimal places, e.a. 5,275.) Endng invantory s. cuow LIST OF ACCOUNTS LINK TO Tx By accessing this Quastion Assistance, you will learn while you earn paints hased an the Point Patantial Policy set by your instructor Question Attempts: 2 a
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