Patel packing had following information for its inventory . Beginning inventory cost:$107.000; RETAIL$130,000 Net purchase cost $

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Patel packing had following information for its inventory . Beginning inventory cost:$107.000; RETAIL$130,000 Net purchase cost $ 58000;retail $12000 sales at retail $145000 what is the estimated cost of the ending inventory?

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Principles of Accounting

ISBN: 978-1133626985

12th edition

Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson

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Posted Date: Apr 19, 2023 05:15 AM

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Patel packing had following information for its inventory . Beginning inventory cost:$107.000; RETAIL$130,000 Net purchase cost $

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To calculate the estimated cost of the ending inventory we can use the retail inventory method ... View the full answer

Principles of Accounting

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