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What are the responsibilities of the OSI model Data Link layer?
Retail Method
An accounting method used to estimate ending inventory and cost of goods sold by calculating a cost-to-retail percentage and applying it to the retail price.
Estimated Cost
The anticipated cost to undertake a project or produce a good, used for budgeting and planning purposes.
Ending Inventory
The total value of all unsold goods remaining at the end of an accounting period, calculated for cost of goods sold reporting.
Ending Merchandise Inventory
The final value of goods available for sale at the end of an accounting period.
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