Business, 17.01.2020 21:31 akfroggyman6591

Be9-8 boyne inc. had a beginning inventory of $12,000 at a cost and $20,000 at retail. net purchases were $120,000 at cost and $170,000 at retail. net markups were $10,000; net markdowns were $7,000; and sales revenue was $147,000. compute ending inventory at cost using the conventional retail method.
ending inventory using the conventional retail method $

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Be9-8 boyne inc. had a beginning inventory of $12,000 at a cost and $20,000 at retail. net purchases...