What jc manufacturings final cost of inventory that it kept, Financial Accounting

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What jc manufacturings final cost of inventory that it kept

Problem

JC Manufacturing purchased inventory for $5,300 and also paid a $260 freight bill. JC Manufacturing returned 45% of the goods to the seller and later took a 2% purchase discount. Assume JC Manufacturing uses a perpetual inventory system. What is JC Manufacturing's final cost of the inventory that it kept?

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Financial Accounting: What jc manufacturings final cost of inventory that it kept

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Financial Accounting: What jc manufacturings final cost of inventory that it kept

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