View Policies Show Attempt History Current Attempt in Progress Presented below is information related to Novak Company. Cost $62,430 113,840 Beginning inventory Purchases (net) Net markups Net markdowns Sales revenue Retail $90,900 183,000 9,421 26,181 182,600 Your answer is correct. Your answer is correct. Compute the ending inventory at retail. Ending inventory LA 74540 e Textbook and Media Compute a cost-to-retail percentage under the following conditions. (Round ratios to 2 decimal places Cost-to-retail percentage (1) Excluding both markups and markdowns. 64.22 % (2) 64.22 % Excluding markups but including markdowns. (3) Excluding markdowns but including markups. 62.09 % (4) Including both markdowns and markups. 62.09 % A Tour answer is incorrect Compute ending inventory at lower-of-cost-or-market. (Round ratio to 2 decimal places, eg. 78.74% and final answer to o decimal places, e.g. 6,225.) Ending inventory 74540 e Textbook and Media X Your answer is incorrect. Compute cost of goods sold based on (d). (Round answer to decimal places, eg. 6,225.) Cost of goods sold $ 283321 X Your answer is incorrect. Compute gross margin based on (d). (Round answer to O decimal places, e.ge Gross margin $ e Textbook and Media Save for Later