(Answered) Use the information in re9-8 calculate uncle butchs hunting

Accounting

Use the information in RE9-8. Calculate Uncle Butch's Hunting Supply Shop's ending inventory using the retail inventory method under the lower of average cost or market assumption.In RE9-8, Uncle Butch's Hunting Supply Shop reports the following information related to inventory:

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Calculate Uncle Butch's Hunting Supply Shop's ending inventory using the retail inventory method under the FIFO cost flowassumption.

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