Question: quesuunt Show Attempt History Current Attempt in Progress Your answer is incorrect 0/10 E Tamarisk Shoe Store uses the retail inventory method for its

quesuunt Show Attempt History Current Attempt in Progress Your answer is incorrect

quesuunt Show Attempt History Current Attempt in Progress Your answer is incorrect 0/10 E Tamarisk Shoe Store uses the retail inventory method for its two departments: men's shoes and women's shoes. The following information is obtained for each department Item Men's Shoes Women's Shoes Beginning inventory at cost $34,000 $45.000 Beginning inventory at retail 54,000 88,000 Cost of goods purchased 216,000 325.000 Retail price of goods purchased 348,000 576,000 Net sales 367,000 534,000 Calculate the estimated cost of the ending inventory for each shoe department under the retail inventory method (Round cast to retail ratio to 2 decimal places eg 52.75 and final answers to O decimal places, eg 5.275) Men's Shoes Estimated cost of ending inventory $ eTextbook and Media Women's Shoes

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