Question: please show how to get answer Riverbed Compary usess the gross profit method to estimate imentory for monthly reporting purposes. Presented belowis information for the

please show how to get answer

Riverbed Compary usess the gross profit method to estimate imentory for monthly reporting purposes. Presented belowis information for the month of May. 6. Your arswer ivincorrect. Compute the estimated imventorvat May 31 , assuming that the gross profit is 25x. 2 cost (Round percentoge of soles fo 2 decimbl The estimated inventory at Mar31

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