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Required: Complete the table below to estimate the ending inventory and cost of goods sold, applyi ...
Required: Complete the table below to estimate the ending inventory and cost of goods sold, applying the conventional retail method using the information provided. Note: Round ratio calculation to 2 decimal places (i.e., \( 0.1234 \) should be entered as \( 12.34 \% \). ). Enter amounts to be deducted with a minus sign.