Question - Presented below is information related to Bonita Company.
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|
Cost
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Retail
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|
Beginning inventory
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$55,350
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$105,100
|
|
Purchases (net)
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134,190
|
199,600
|
|
Net markups
|
|
9,339
|
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Net markdowns
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|
25,842
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|
Sales revenue
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|
192,900
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Required - Compute the ending inventory at retail.