Question: Wally - Mart values its inventory using the conventional retail inventory method. It discloses the following data for its recent period. Compute estimated ending inventory

Wally-Mart values its inventory using the conventional retail inventory method. It discloses the following data for its recent period.
Compute estimated ending inventory for the period-end using the conventional retail inventory method.
Note: Use negative signs as appropriate in the following schedule.
Cost Ratio
Note: Use the result above EXACTLY as shown to compute the following amount.
Estimated ending inventory at cost:
 Wally-Mart values its inventory using the conventional retail inventory method. It

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