Question: Required information Problem 9-6 (Algo) Retall inventory method; average cost and conventional [LO9-3; 9-4] [The following information applies to the questions displayed below] Sparrow Company

 Required information Problem 9-6 (Algo) Retall inventory method; average cost and

Required information Problem 9-6 (Algo) Retall inventory method; average cost and conventional [LO9-3; 9-4] [The following information applies to the questions displayed below] Sparrow Company uses the retail inventory method to estimate ending inventory and cost of goods sold. Data for: 2024 are as follows: The company records sales net of employee discounts. Employee discounts for 2024 totaled $3700. Problem 9-6 (Algo) Part 2 2. Estimate Sparrow's ending inventory and cost of goods sold for the year using the retail inventory method and the corventional applicotion: Note: Round Cost-to-retail percentage to 2 decimal places and final answers to the nearest whole dollar amount

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