Presented below is information related to Buffalo Company. Cost Retail Beginning inventory $150,815 $283,000 Purchases 1,369,000...

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Presented below is information related to Buffalo Company. Cost Retail Beginning inventory $150,815 $283,000 Purchases 1,369,000 2,130,000 Markups 93,200 Markup cancellations 14,700 Markdowns 35,900 Markdown cancellations 4,900 Sales revenue 2,186,000 Compute the inventory by the conventional retail inventory method. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.) Ending inventory using conventional retail inventory method Presented below is information related to Buffalo Company. Cost Retail Beginning inventory $150,815 $283,000 Purchases 1,369,000 2,130,000 Markups 93,200 Markup cancellations 14,700 Markdowns 35,900 Markdown cancellations 4,900 Sales revenue 2,186,000 Compute the inventory by the conventional retail inventory method. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.) Ending inventory using conventional retail inventory method

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Cost Retail Beginning Inventory 150815 283000 Purchase ... View the full answer