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Kiddie world uses a periodic inventory system and the

Kiddie World uses a periodic inventory system and the retail inventory method to estimate ending inventory and cost of goods sold. The following data are available for the quarter ending September 30, 2011:

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Estimate ending inventory and cost of goods sold (average cost).

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Accounting Basics: Kiddie world uses a periodic inventory system and the

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Accounting Basics: Kiddie world uses a periodic inventory system and the

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