Question: . This homework asment counts for five pois. No polo will be given if the nignirent is part de ce incomplets, no work is provided,

. This homework asment counts for five pois. No polo will be given if the nignirent is part de ce incomplets, no work is provided, we are specified, or of wine will be deducted for any errors in your weekswer Based on the following information (in scrambled ordar), compute the ending Inventory at cost using the conventional retail method and (2) the cost retail method You should round the cost-to-retail ratios to four decimal places, e.g. 0.345678-0.3457 or 34.57%. In your final answers, separately indicate (a) ending Inventory at retail, (b) cost-to-retail ratio, and (c) ending Inventory at com. Summarize your answers on the bottom of page. ALCORT $ 8,500 Atreta $ 23,000 A00 2,600 Inventory, Beginning Markup onnoetations Freight-in Markdowns concellations Mark-ups Normal damage Boles Purchase Markdowns 1300 5,600 3.200 72.600 62,350 9,100 36,720 Answer: (You should also provide your work to support your answers) (a) Ending inventory at retail (c) Ending inventory at cost Method (b) Cost-to-retail ratio (1) Conventional retail (2) Cost retail
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