Question: Need answers Proctoring Enabled: Chapter 09 GRADED Problems, 18. Sted Help Save & Exit 10 Required information Problem 9-13 (Algo) Retail inventory method; various applications

Proctoring Enabled: Chapter 09 GRADED Problems, 18. Sted Help Save & Exit 10 Required information Problem 9-13 (Algo) Retail inventory method; various applications (L09-3, 9-4, 9-5] The following information applies to the questions displayed below) On January 1, 2021. Pet Friendly Stores adopted the retail inventory method, Inventory transactions at both cost and retail, and cost indexes for 2021 and 2022 are as follows: Part 1 of 3 1.33 points cont 00320 2021 Cont Retail 5143,500 $200,000 600,000 772,000 4,000 4,150 Dulerences Beginning investory Purchase archase return Freight-in Not markup at markdown Not sales to customers sales to employees net of 25+ decount) Normal spoilage Price Index January 1, 2021 December 31, 2021 Deceber 31, 2022 2022 Retail 5680.000 51156,000 3.300 6.775 5,000 10,000 7.100 704,000 30,000 6.000 6.450 4,300 550,000 30,000 3,600 1.00 1.25 1.25 Problem 9-13 (Algo) Part 1 Required: 1. Estimate the 2021 and 2022 ending inventory and cost of goods sold using the dollar value LIFO retail method. ctoring Enabled: Chapter 09 GRADED Problems, 18 ... 6 Saved Cost Retail 10 Deginning inventory Purchase Purchase returns Freight-in Net markups Net markdowns Net sales to customers Sales to employees (net of 251 discount) Normal spoilage Price Index: January 1, 2021 December 31, 2021 December 31, 2022 Cost Retail $143,500 $205,000 600,000 772,000 4.000 4.150 4.600 6,450 4,300 550,000 30,000 3,600 $680,000 $856,000 3,300 6,775 5,000 10,000 7,100 704,000 30,000 6,000 art 1 of 3 33 its 1.00 1.25 1.25 & 043151 Problem 9-13 (Algo) Part 1 References Required: 1. Estimate the 2021 and 2022 ending inventory and cost of goods sold using the dollar value LIFO retail method. 2021 2022 Estimated ending Inventory at retail Estimated ending inventory at cost Estimated cost of goods sold
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