Question: Exercise 6-20B (Algo) Estimating ending inventory-retail method LO P4 Dakota Company had net sales (at retail) of $142,000. The above additional information is available from

Exercise 6-20B (Algo) Estimating ending inventory-retail method LO P4 Dakota Company

Exercise 6-20B (Algo) Estimating ending inventory-retail method LO P4 Dakota Company had net sales (at retail) of $142,000. The above additional information is available from its records. Use the retail inventory method to estimate Dakota's year-end inventory at cost. Note: Round cost ratio to the nearest whole percentage

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