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Benny's Bed Co

Question 73

Multiple Choice

Benny's Bed Co. uses a periodic inventory system and the average cost retail method to estimate ending inventory and cost of goods sold. The following data is available from the company records for the month of September 2018. Benny's Bed Co. uses a periodic inventory system and the average cost retail method to estimate ending inventory and cost of goods sold. The following data is available from the company records for the month of September 2018. - The average cost-to-retail percentage (rounded) is: A) 74.5%. B) 55.6%. C) 57.4%. D) 58.7%.
- The average cost-to-retail percentage (rounded) is:


A) 74.5%.
B) 55.6%.
C) 57.4%.
D) 58.7%.

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