$ $ Question 24 COC uses the conventional retail method to estimate ending inventory. Cost...
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$ $ Question 24 COC uses the conventional retail method to estimate ending inventory. Cost data for the most recent quarter is shown below Cost Retail Beginning inventory 112, 191, 000 000 Net purchases 402 703, 000 000 Net markups 43.0 00 Net markdowns 21,0 00 Net sales 685, 000 To the nearest thousand, estimated ending inventary using the conventional retail method is: $136,000. $163,000 $127,000. $124,000
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