QUESTION 29 Use the Information below for the following three questions: The following date is available for Kroos Company. Kroos usos retail inventory method to determine ending inventory. Sales revenue is recorded not of employee discounts, which totuled $2,000 in the year. Beginning Inventory Purchases Purchase Returns Abnormal Spoilage Cost 77,000 193,000 5,000 2,700 Retail 103,000 288,000 8,000 4.300 Amount ($) Amount ($) Freight-in 7,000 Markdowns 18,000 Normal Spoilage 7,800 Markdown Cancellations 6,000 Sales Returns 6,000 Markups 19.000 Sales Revenue 218,000 Markup Cancellations 9,500 If Kroos uses conventional retail inventory method, ending inventory is approximately: $103,962 $105,882 $107,110 $109,221 Click Save and Submit to save and submit. Click Save All Answers to save all answers. MacBook Air QUESTION 30 Kroos unes average cost retail inventory method, ending inventory is approximately $110,526 $112,218 Coo $115,181 $116,745 Click Save and Submit to save and submit. Chick Save All Answers to save all answer MacBook Air % QUESTION 31 If Kroos uses LIFO retail inventory method, ending inventory (assuming all markups, markdowns and abnormal spoilage are associated with purchases) is approximately: $109,312 $110,572 $111,089 $113,179 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Sa MacBook Air 2o F4 % 5 QUESTION 29 Use the Information below for the following three questions: The following date is available for Kroos Company. Kroos usos retail inventory method to determine ending inventory. Sales revenue is recorded not of employee discounts, which totuled $2,000 in the year. Beginning Inventory Purchases Purchase Returns Abnormal Spoilage Cost 77,000 193,000 5,000 2,700 Retail 103,000 288,000 8,000 4.300 Amount ($) Amount ($) Freight-in 7,000 Markdowns 18,000 Normal Spoilage 7,800 Markdown Cancellations 6,000 Sales Returns 6,000 Markups 19.000 Sales Revenue 218,000 Markup Cancellations 9,500 If Kroos uses conventional retail inventory method, ending inventory is approximately: $103,962 $105,882 $107,110 $109,221 Click Save and Submit to save and submit. Click Save All Answers to save all answers. MacBook Air QUESTION 30 Kroos unes average cost retail inventory method, ending inventory is approximately $110,526 $112,218 Coo $115,181 $116,745 Click Save and Submit to save and submit. Chick Save All Answers to save all answer MacBook Air % QUESTION 31 If Kroos uses LIFO retail inventory method, ending inventory (assuming all markups, markdowns and abnormal spoilage are associated with purchases) is approximately: $109,312 $110,572 $111,089 $113,179 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Sa MacBook Air 2o F4 % 5