Terry's Electronics uses the retail method to determine inventory cost. The following information is available for the month of January, 2014: Instructions
Calculate the estimated cost of the January 31, 2014 inventory using the retail inventory method.

Question

Terry's Electronics uses the retail method to determine inventory cost. The following information is available for the month of January, 2014:  Instructions
Calculate the estimated cost of the January 31, 2014 inventory using the retail inventory method.

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The Answer of Terry's Electronics uses the retail method to determine inventory cost. The following information is available for the month of January, 2014:  Instructions
Calculate the estimated cost of the January 31, 2014 inventory using the retail inventory method.

Terry's Electronics Uses the Retail Method to Determine Inventory Cost