Question: Question 17 Determine the ending inventory under the conventional retail method for the furniture department of Sheffield Department Stores decimal places, e.g. 5,125.) Cost Retail

Question 17 Determine the ending inventory under the conventional retail method for the furniture department of Sheffield Department Stores decimal places, e.g. 5,125.) Cost Retail Inventory, Jan. 1 $148,500 $280,300 Purchases 1,419,000 2,058,500 Freight-in 72,400 Markups, net 96,000 Markdowns, net 46,500 Sales revenue 2,197,200 Ending inventory

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