Question: The retail imventory method and the average cost flow assumption are used by the Cloud Company for preparation of its interim reports. Information about Cloud's
The retail imventory method and the average cost flow assumption are used by the Cloud Company for preparation of its interim reports. Information about Cloud's inventory in the second quarter of 2022 is shown below: What is the estimated cost of Cloud's inventory on June:-30, 2022 (Do not round your intermediate calculations.)
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