Part A

Five stores each had net sales as shown below. What was the average percent of markup, based on cost, for each of the five stores? What was the average percent of markup, based on selling price, for each of the five stores? If required, round your answers to two decimal places.

	Store A	Store B	Store C	Store D	Store E
Net sales	$135,700	$162,900	$310,300	$226,800	$142,000
Cost of goods sold	80,000	107,000	200,000	174,500	70,400
Markupcost	_____%	_____ %	_____ %	_____ %	_____ %
Markupselling price	_____ %	_____ %	_____ %	_____ %	_____ %

Part B

Maurice Company sells hair products. From the following inventory record sheets for Baby Soft Shampoo, determine the total units in, total amount, and the value of the ending inventory of 300 bottles based on average cost, FIFO, and LIFO. Round cost per unit to two decimal places, and final answer to nearest dollar.

Date	Units In				Cost		Amount
1/11	400				$3.50		$1,400
1/23	70				3.10		217
2/10	150				3.20		480
2/20	180				3.40		612
2/25	+50				3.60		+180
	______						$______

Average cost:	$______
FIFO:	$______
LIFO:	$______