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Andover Stores Uses the Average Cost Retail Method to Estimate

Question 66

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Andover Stores uses the average cost retail method to estimate its ending inventory. Information as of June 30, 2013, is as follows: Andover Stores uses the average cost retail method to estimate its ending inventory. Information as of June 30, 2013, is as follows: Required: Use the retail method to estimate the June 30, 2013, inventory. Required:
Use the retail method to estimate the June 30, 2013, inventory.

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