Under the retail method, the denominator in the cost-to-retail percentage does not include:
A) Purchases.
B) Purchase returns.
C) Abnormal shortages.
D) Freight-in.

Question

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The Answer of Under the retail method, the denominator in the cost-to-retail percentage does not include:
A) Purchases.
B) Purchase returns.
C) Abnormal shortages.
D) Freight-in.

Under the Retail Method, the Denominator in the Cost-To-Retail Percentage