A block with mass m = 12 kg rests on a frictionless table and is accelerated by a spring with spring constant k = 5099 N/m after being compressed a…
September 17, 2020
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September 17, 2020

introduction to accounting 77

Candy has a beginning inventory of $1,000 with a retail value of $1,800. June purchases were $3,000, with a retail value of $4,700 and retail sales were $4,200. What is the June 30 estimated ending inventory at cost under the retail method?

a. $351

b. $949

c. $4,161

d. $1,416


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