Exercise 9-20 (Part Level Submission) Part E

*Exercise 9-20 (Part Level Submission) Presented below is information related to Windsor Company. Cost $ 53,940 129,370 Beginning inventory Purchases (net) Net markups Net markdowns Sales revenue Retail $107,000 189,700 10,527 27,056 202,490 *(a) Your answer is correct. Compute the ending inventory at retail. Ending inventory $1/7681 Attempts: 1 of 8 used *(b) your answer is correct. Compute a cost-to-retail percentage under the following conditions. (Round ratios to 2 decimal places, e.g. 78.74%) Cost-to-retail percentage (1) Excluding both markups and markdowns. (2) Excluding markups but including markdowns. 167.98 % (3) Excluding markdowns but including markups. 159.67) (4) Including both markdowns and markups. 165.43 161.78 % % % Attempts: 1 of 8 used *(d) Your answer is correct. Compute ending inventory at lower-of-cost-or-market. (Round ratio to 2 decimal places, e.g. 78.74% and final answer to 0 decimal places, e.g. 6,225.) Ending inventory $46352 Attempts: 1 of 8 used Compute cost of goods sold based on (d). (Round answer to 0 decimal places, e.g. 6,225.) Cost of goods sold Attempts: 0 of 8 used