Question: Aberforth Dumbledore Co. has determined its year-end inventory on a UFO basis to be $601,000. Information pertaining to that inventory is as follows: Selling price

Aberforth Dumbledore Co. has determined its year-end inventory on a UFO basis to be $601,000. Information pertaining to that inventory is as follows: Selling price Costs to sell Normal profit margin Replacement cost $721, eee 30,500 88,500 621,000 What amount of ending inventory should Aberforth report? Numeric Response

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