Business, 17.12.2019 06:31 dh29229

San lorenzo general store uses a periodic inventory system and the retail inventory method to estimate ending inventory and cost of goods sold. the following data are available for the month of october 2018: cost retailbeginning inventory $ 36,000 $ 51,000net purchases 13,890 31,700net markups 1,300net markdowns 850net sales 33,000required:
complete the table below to estimate the average cost of ending inventory and cost of goods sold for october.

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