Boyne inc had beginning inventory of 13320 at cost and

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Boyne Inc. had beginning inventory of $13,320 at cost and $22,200 at retail. Net purchases were $133,200 at cost and $188,700 at retail. Net markups were $11,100; net markdowns were $7,770; and sales were $174,270. Compute ending inventory at cost using the conventional retail method.

Reference no: EM13588215

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