Business
Business, 10.05.2021 22:30, shantejahtierr63961

Chic and Chip Inc. began the current month with inventory costing $20,000, then purchased inventory at a cost of $54,450. The perpetual inventory system indicates that inventory costing $59,628 was sold during the month for $59,850. If an inventory count shows that inventory costing $13,400 is actually on hand at month-end, what amount of shrinkage occurred during the month

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Chic and Chip Inc. began the current month with inventory costing $20,000, then purchased inventory...

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