Question: Given the following March 2016 data for the Werthmann Compan Beginning Inventory March Purchases March Sales Revenue Mark-up on Cost $1,100 $500 $2,000 25% The

 Given the following March 2016 data for the Werthmann Compan Beginning

Given the following March 2016 data for the Werthmann Compan Beginning Inventory March Purchases March Sales Revenue Mark-up on Cost $1,100 $500 $2,000 25% The estimated inventory at 3/31/16 is: Select one: a. $o b. $1,200 c. $720 d. $800 e. $320

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