Question: RULTORPULL SCREEN PRINTER VE Multiple Choice Question 127 Sandhill Co uses the retail inventory method. The following information is available for the current year Cost
RULTORPULL SCREEN PRINTER VE Multiple Choice Question 127 Sandhill Co uses the retail inventory method. The following information is available for the current year Cost Retail Beginning inventory S32.3000 $476000 Purchases 1150000 1680000 Freight in 18000 Employee discounts 8600 Net markups 70000 Net markdowns - 78000 Sales revenue 1620000 The approximate cost of the ending inventory by the conventional retail method is (Hint: Round intermediate calculation to decimal places, ..0.635 and final answer to decimal places)
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