Question: Question 17 Determine the ending inventory under the conventional retail method for the furniture department of Marin Department Stores from the following data. (Round ratio

Question 17 Determine the ending inventory under the conventional retail method for the furniture department of Marin Department Stores from the following data. (Round ratio of cost to selling price to 2 decimal places, e.g. 15.25% and final answer to o decimal places, eg. 5,125.) Inventory, Jan. 1 Purchases Freight-in Markups, net Markdowns, net Sales revenue Cost Retail $155,800 $277,400 1,332,200 2,072,500 72,100 92,600 48,100 2,211,300 Ending inventory $ Question Attempts: 0 of 1 used

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