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The gross profit of Bellevue Widget Company Ltd. has consistently averaged 39%. The company’s records were recently destroyed by fire. The following data are available: Sales Purchases Opening inventory Sales returns and allowances Purchases returns and allowances Delivery expenses Transportation‐in Truck operating expenses Selling commissions expense Administrative expenses $305 175 25 5 5 8 3 3 6 3 Required: Calculate the estimated ending inventory.
Sagot :
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