Songbird Co. has sales of Rp. 1.500.000 and cost of good available for sale of Rp. 1.350.000. If gross profit rate is 30%, the estimated cost of the ending inventory under the gross profit method is....
a. Rp. 150.000
b. Rp. 300.000
c. Rp. 450.000
d. Rp. 550.000
e. Rp. 750.000
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