Boyne inc had a beginning inventory of 12000 at a cost and, Financial Accounting

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Boyne inc had a beginning inventory of 12000 at a cost and

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 mark-ups 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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Financial Accounting: Boyne inc had a beginning inventory of 12000 at a cost and

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Financial Accounting: Boyne inc had a beginning inventory of 12000 at a cost and

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