San Lorenzo General Store uses a periodic inventory system and the retail inventory method to estimate...

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San Lorenzo General Store uses a periodic inventory system and the retail inventory method to estimate ending inventory and cost of goods sold. The following data are available for the month of October: Beginning inventory Cost $ 42,000 12,030 Retail $ 57,000 32,300 1,900 Net purchases Net markups Net markdowns Net sales Required: 1,150 39,000 Complete the table below to estimate the average cost of ending inventory and cost of goods sold for October using the information provided. Note: Round ratio calculation to 2 decimal places (i.e., 0.1234 should be entered as 12.34%.). Enter amounts to be deducted with a minus sign. Beginning inventory Net purchases Net markups Net markdowns Goods available for sale Cost-to-retail percentage Net sales Estimated ending inventory at retail Catimated andina invatat t Cost Retail Cost-to-Retail Ratio $ 42,000 $ 57,000 % San Lorenzo General Store uses a periodic inventory system and the retail inventory method to estimate ending inventory and cost of goods sold. The following data are available for the month of October: Beginning inventory Cost $ 42,000 12,030 Retail $ 57,000 32,300 1,900 Net purchases Net markups Net markdowns Net sales Required: 1,150 39,000 Complete the table below to estimate the average cost of ending inventory and cost of goods sold for October using the information provided. Note: Round ratio calculation to 2 decimal places (i.e., 0.1234 should be entered as 12.34%.). Enter amounts to be deducted with a minus sign. Beginning inventory Net purchases Net markups Net markdowns Goods available for sale Cost-to-retail percentage Net sales Estimated ending inventory at retail Catimated andina invatat t Cost Retail Cost-to-Retail Ratio $ 42,000 $ 57,000 %