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Which methods of estimating inventory can be used at end

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Reference no: EM132816603

Problem 1: At interim dates for inventory pricing which of the following methods of estimating inventory can be used at end of the year?

1) neither gross profit method nor retail inventory method
2) both gross profit method and retail inventory method
3) no gross profit but yes retail inventory, or
4) yes gross profit method but not retail inventory method

Reference no: EM132816603

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