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    Intermediate Accounting Study Set 5
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    Exam 9: Inventories: Additional Issues
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    DK Super Stores Inc
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DK Super Stores Inc

Question 85

Question 85

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DK Super Stores Inc.uses the average cost retail method to estimate its ending inventory.Information at June 30,2016,is as follows:
DK Super Stores Inc.uses the average cost retail method to estimate its ending inventory.Information at June 30,2016,is as follows:     Required: Compute the cost-to-retail percentage used by DK.
Required:
Compute the cost-to-retail percentage used by DK.

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