Business, 02.02.2021 01:20, ameliaparry123p2eupk

Sandhill uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (retail) were $386000 ($590000), purchases during the current year at cost (retail) were $1975000 ($3220000), freight-in on these purchases totaled $125000, sales during the current year totaled $2920000, and net markups (markdowns) were $68000 ($104000). What is the ending inventory value at cost

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Sandhill uses the conventional retail method to determine its ending inventory at cost. Assume the b...