Multiple Choice
Hard Candy has a beginning inventory of $1,000 with a retail value of $1,800.June purchases were $3,000,with a retail value of $4,700 and retail sales were $4,200.Use four decimal places.What is the June 30 estimated ending inventory at cost under the retail method?
A) $351
B) $949
C) $4,161
D) $1,416.42
Correct Answer:
Verified
Correct Answer:
Verified
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