During 2014, Harmony Co. sold $520,000 of merchandise at marked retail prices. At the end of 2014,..

During 2014, Harmony Co. sold $520,000 of merchandise at marked retail prices. At the end of 2014, the following information was available from its records: Use the retail method to estimate Harmony’s 2014 ending inventory at cost. Round all calculations to two decimal places, View Solution:
During 2014 Harmony Co sold 520 000 of merchandise at marked

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