Question: Based on the following information ( in scrambled order ) , compute the ending inventory at cost using: ( 1 ) the conventional retail method
Based on the following information in scrambled order compute the ending inventory at cost using:
the conventional retail method and the cost retail method. You should round the costtoretail
ratios at least to four decimal places, eg or In your final answers, separately
indicate: a ending inventory at retail, b costtoretail ratio, and c ending inventory at cost
Summarize your answers on the bottom of page.
tableAt cost At retailInventory Beginning,$ $MarkupsFreightinMarkdownsMarkups cancellations,SalesPurchasesMarkdowns cancellations,Normal damage,
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