4. Estimating inventory using retail inventory method - average cost ...
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4. Estimating inventory using retail inventory method - average cost
Estimating Inventory Using Retail Inventory Method-Average Cost Rainey Retailers disclosed the following data for January. Calculate estimated ending inventory using the average cost retail method. - Note: Use negative signs as appropriate in the following schedule. - Note: Use the result above EXACTLY as shown to compute the following amount. Estimated ending inventory at cost
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