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How do compute the ending inventory cost for hamza co

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Reference no: EM132962942

Hamza Co. sells electronic products with same gross profit. If you know that the cost of goods sold for a unit is $600 and the gross profit margin is $900 for a unit.

Hamza Co. had the following information for the period:

Total sales of $2,100,000
Beginning inventory $480,000
New Purchases $600,000

Required:

Problem 1: Compute the ending inventory cost.

Reference no: EM132962942

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