Question: Progress: 1 1 / 1 5 items Question Content Area Which of the following items would not be used in the calculation of the cost

Progress:11/15 items
Question Content Area
Which of the following items would not be used in the calculation of the cost-to-retail ratio if the FIFO retail inventory method were used to determine the ending inventory?
a. net markdowns
b. beginning inventory
c. purchases
d. freight-in charges

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