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Maine Couses the Retail Inventory Method to Estimate Its Inventory for for Interim

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Maine Co.uses the retail inventory method to estimate its inventory for interim statement purposes.Data relating to the calculation of the inventory at July 31, 2017, are as follows: Maine Co.uses the retail inventory method to estimate its inventory for interim statement purposes.Data relating to the calculation of the inventory at July 31, 2017, are as follows:   Under the lower of average cost and market method, Maine's estimated inventory at July 31, 2017, is A) $85,000. B) $119,000. C) $133,000. D) $136,000. Under the lower of average cost and market method, Maine's estimated inventory at July 31, 2017, is


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