Question: Exercise 9 - 1 6 ( Static ) Conventional retail method; normal spoilage [ LO 9 - 3 , LO 9 - 4 ] points

Exercise 9-16(Static) Conventional retail method; normal spoilage [LO9-3, LO9-4] 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 2 decimal places (i.e.,0.1234 should be entered as \(\mathbf{12.34\%}\).). Enter amounts to be deducted with a minus sign.
Exercise 9 - 1 6 ( Static ) Conventional retail

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