Below is information related to Riverbed Company Cost Retail Initial inventory $318,504 $279,000 shopping 1,363,000 2,117,000 marks 93,200 Dial Cancellations 16,400 sales 38,300 discount cancellations 5,500 sales revenue 2 158 000 Required Calculate inventory by the conventional retail inventory me...

Below is information related to Riverbed Company. Cost Retail Initial inventory $318,504 $279,000 shopping 1,363,000 2,117,000 marks

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Below is information related to Riverbed Company.

	Cost	Retail
Initial inventory	$318,504	$279,000
shopping	1,363,000	2,117,000
marks		93,200
Dial Cancellations		16,400
sales		38,300
discount cancellations		5,500
sales revenue		2.158.000

Required:
Calculate inventory by the conventional retail inventory method.

Ending inventory using the conventional retail inventory method $

Related Book For answer-question

Intermediate Accounting

ISBN: 978-0470423684

13th Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield

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Posted Date: Apr 28, 2023 08:17 AM

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Below is information related to Riverbed Company. Cost Retail Initial inventory $318,504 $279,000 shopping 1,363,000 2,117,000 marks

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