Current Attempt in Progress Kingbird Inc. had beginning inventory of $11,300 at cost and $18,900...
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Current Attempt in Progress Kingbird Inc. had beginning inventory of $11,300 at cost and $18,900 at retail. Net purchases were $114,568 at cost and $156,900 at retail. Net markups were $9,300, net markdowns were $6,700, and sales revenue was $155,300. Compute ending inventory at cost using the conventional retail method. Ending inventory using the conventional retail method
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