Question: Find the cost ratio for the inventory table shown below. Date of purchase Units purchased Cost per Total Retail price Total retail unit cost

Find the cost ratio for the inventory table shown below. Date of

Find the cost ratio for the inventory table shown below. Date of purchase Units purchased Cost per Total Retail price Total retail unit cost per unit value Beginning inventory 98 $12 $1,176 $17 $1,666 April 12 22 $8 $176 $13 $286 May 8 18 $10 $180 $18 $324 June 2 35 $14 $490 $21 $735 Goods available for sale 173 $2,022 $3,011 Units sold 89 Ending inventory 84 The cost ratio is . (Type an integer or decimal rounded to the nearest thousandth as needed.)

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