Question: Andover Stores uses the average cost retail method to estimate its ending inventory. Information as of June 30, 2024, is as follows: Required: Use the

 Andover Stores uses the average cost retail method to estimate its

Andover Stores uses the average cost retail method to estimate its ending inventory. Information as of June 30, 2024, is as follows: Required: Use the retail method to estimate the June 30, 2024, inventory. Note: Round "Cost-to-retail percentage" to 1 decimal place. Andover Stores uses the average cost retail method to estimate its ending inventory. Information as of June 30, 2024, is as follows: Required: Use the retail method to estimate the June 30, 2024, inventory. Note: Round "Cost-to-retail percentage" to 1 decimal place

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