Question: Nickis Pet Supply needs to estimate its ending inventory. Using the data below, compute Nickis estimated cost of ending inventory for the month of April.

Nickis Pet Supply needs to estimate its ending inventory. Using the data below, compute Nickis estimated cost of ending inventory for the month of April. Explain how you reached your answer. Beginning inventory April 1 $ 2,000 Purchases for April 12,000 Retail sales during April 13,000 Normal gross profit average 40%

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