The Alexandra Company uses the retail inventory method and the average cost flow assumption for preparation of its interim reports. Information about Alexandra's inventory in the second quarter of 2016 is shown below: 
What is the estimated cost of Alexandra's inventory on June 30, 2016?
Definitions:
Q13: How does GAAP require receivables to be
Q34: A company is not required to follow
Q50: Which depreciation method calculates annual depreciation expense
Q52: Early in the current year, Nathan Company
Q69: Which one of the following statements is
Q82: Five skid steers costing $20,000 each were
Q88: The estimated value of sales returns should
Q98: The SEC requires a company that uses
Q101: When goods are sold FOB shipping point,
Q106: As computer software to be sold, leased,