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Budson Company Needs an Estimate of Its Ending Inventory Balance

Question 33

Multiple Choice

Budson Company needs an estimate of its ending inventory balance.The following information is available: Budson Company needs an estimate of its ending inventory balance.The following information is available: Given this information,when using the gross margin estimation method,ending inventory is approximately A) $1,000. B) $9,000. C) $19,000. D) $11,650. Given this information,when using the gross margin estimation method,ending inventory is approximately


A) $1,000.
B) $9,000.
C) $19,000.
D) $11,650.

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