0 Required information Problem 9-9 (Algo) Retail method-average cost and conventional [LO9-3, 9-4) The following information applies to the questions displayed below] Smit Kine Company maintains inventory records at selling prices as well as at cost. For 2024, the records indicate the flowing data CHA Retail 121 Purcha 24 Purchase ret 912 Problem 9-9 (Algo) Part 1 Required 1. Use the retail method to approximate cost of ending inventory valued under average cod method Note: Enter your answer in thousands including 2 decimal places, Le 12.550 would be 12.55 1 = 2 3 NO Q W E 4 4 P > 28 8 5 % A & B en 4 7 8 20 R T Y 3 w - O 9 0 ' A S D F G H J K N Y X C V B N M H tion command