Question: Exercise 9 - 1 3 ( Algo ) Retail inventory method; average cost [ LO 9 - 3 ] San Lorenzo General Store uses a
Exercise Algo Retail inventory method; average cost LO
San Lorenzo General Store uses a periodic inventory system and the retail inventory method to estimate ending inventory and cost of goods sold. The following data are available for the month of October:
tableBeginning inventory,Cost,RetailNet purchases,$$
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