Sales for the month totaled $94,000. Compute the estimated cost of inventory on hand at the end
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Sales for the month totaled $94,000. Compute the estimated cost of inventory on hand at the end of the month using the average cost assumption. Round percentage value in intermediate calculations to one decimal place. For example, an intermediate calculation of 0.6241935 would be rounded to 62.4%.
Related Book For
Intermediate Accounting
ISBN: 978-0324659139
11th edition
Authors: Loren A. Nikolai, John D. Bazley, Jefferson P. Jones
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