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Manila Bread Company Uses the Average Cost Retail Method to Estimate

Question 12

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Manila Bread Company uses the average cost retail method to estimate its ending inventories. The following data has been summarized for the year 2018: Manila Bread Company uses the average cost retail method to estimate its ending inventories. The following data has been summarized for the year 2018: Required: Estimate the ending inventory as of December 31, 2018. Required:
Estimate the ending inventory as of December 31, 2018.

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