Question: Exercise 9 - 1 6 ( Static ) Conventional retail method; normal spoilage [ LO 9 - 3 , LO 9 - 4 ] points
Exercise Static Conventional retail method; normal spoilage LO LO points Required: Complete the table below to estimate the ending inventory and cost of goods sold, applying the conventional retail method using the information provided. Note: Round ratio calculation to decimal places ie should be entered as mathbf Enter amounts to be deducted with a minus sign.
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