Question: CALCULATOR PRINTER VERSION BACK Problem 9-09 Presented below is information related to overbed Inc. Cost Retail Inventory. 12/31/20 $250.500 $391,100 Purchases 875,910 1,488,200 Purchase returns
CALCULATOR PRINTER VERSION BACK Problem 9-09 Presented below is information related to overbed Inc. Cost Retail Inventory. 12/31/20 $250.500 $391,100 Purchases 875,910 1,488,200 Purchase returns 61,100 78,700 Purchase discounts 17,600 Gross sales revenue 1.414,700 Sales returns 98,000 Markus 118,700 Markup cancellations 39,000 Markdowns 44,900 Mardow cancellations 20,100 Freight in 42.400 Employee discounts granted 5,000 Los from breakage (normal) 4.000 Anuming that Riverbed Inces the conventional retail inventory method, compute the cost of its ending inventory at December 31, 2021. (Round ratios for computational purposes to o decimal places, 70% and final answer to decimal places 2.987.) Ending wory using the conventional matery method LINE TO THE Question Attempts: 0 of 5 used ELT SUBMIT
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