Your Answer Correct Answer (Used) * Your answer is incorrect. Sandhill Co. had beginning inventory...
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Your Answer Correct Answer (Used) * Your answer is incorrect. Sandhill Co. had beginning inventory of $70,000; net sales of $380,000; and cost of goods purchased of $250,000. In the previous year, the company had a gross profit margin of 45%. Calculate the estimated cost of the ending inventory using the gross profit method. Estimated cost of ending inventory $ $ 21080000
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