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Billingsly Products Uses the Conventional Retail Method to Estimate Its

Question 19

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Billingsly Products uses the conventional retail method to estimate its ending inventories. The following data has been summarized for the year 2013: Billingsly Products uses the conventional retail method to estimate its ending inventories. The following data has been summarized for the year 2013: Required: Estimate the ending inventory as of December 31, 2013. Required:
Estimate the ending inventory as of December 31, 2013.

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