Solution-Compute the estimated cost of the ending inventory

Compute the estimated cost of the ending inventory

Reference no: EM132216668

Question - At May 31, Bonita Company has net sales of $355,000 and cost of goods available for sale of $278,000.

Compute the estimated cost of the ending inventory, assuming the gross profit rate is 35%.

Estimated cost of ending inventory.

Reference no: EM132216668

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Compute the estimated cost of the ending inventory

Reference no: EM132216668

Reference no: EM132216668

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