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question 81

Multiple Choice

[The following information applies to the questions displayed below.]
Midwest Office Products uses the retail method to estimate ending inventory in its monthly financial statements.The following information is available for the month ended May 31:

-Refer to the information above.Estimate the cost of goods sold for May using the retail method.(Round your final answer to the nearest dollar value. )

• A)$116,964
• B)$150,400
• C)$205,236
• D)$319,600

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