Campbell Corporation uses the retail method to value its inventory. The following information is available for...

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Campbell Corporation uses the retail method to value its inventory. The following information is available for the year 2021

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Answer 1

Answer #1

conventional retail method cost to retail ratio cost 2,30,000 retail 2,84,000 beginning inventory 584000 872000 12,000 plus p

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Answer 2

Answer #2

826,000/1,175,600= 70%

335,600*70%= 234,920

answered by: anonymous

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Answer 3

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