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Business, 19.11.2019 19:31 cuzhernamesari

Warren company's records reveal the following information regarding its inventory: beginning inventory was $100,000 at cost and 160,000 at retail. purchases during the year were $300,000 at cost and $500,000 at retail. net markups were $10,000 and net markdowns, $20,000. assuming the retail inventory method is used to approximate average costs, what is the amount of goods available for sale at cost?

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