On the basis of the following data, determine the estimated cost of the inventory as of March 31 by the retail method, presenting details of the computation in good order.
Definitions:
Democratic Management Style
A management approach involving staff members in decision-making processes and treating everyone's opinion as valuable.
Assisted Listening Technology
Refers to devices and systems designed to improve the ability of individuals with hearing loss to communicate and perceive sound, including hearing aids, FM systems, and infrared systems.
Transformational Leadership
A leadership approach that inspires and motivates followers to exceed expectations by focusing on higher ideals and moral values.
Nursery School
An educational institution for young children, typically aged between three and five years, focusing on early childhood development.
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