Pat Voga Company has net sales of ($ 400,000) and cost of goods available for sale of

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Pat Voga Company has net sales of \(\$ 400,000\) and cost of goods available for sale of \(\$ 300,000\). If the gross profit rate is \(30 \%\), what is the estimated cost of the ending inventory? Show computations.

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Financial Accounting

ISBN: 9780471169208

2nd Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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