23, Harmony Co. sold $525,000 of merchandise at marked retail prices. At the end of 2023, the following information was available from its records: Beginning inventory Net purchases At Cost At Retail $132,600 $261,800 236,240 398,600 Use the retail method to estimate Ha

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A:

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Q: please answer question

A: Ending Inventory = Total units - units sold = 246-186 = 60 units Average cost per unit = Total cost…