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1. calculate the closing book inventory at retail 2. calculate the C.U.M of this inventory A store posts the following figures: cost retail $49,000 $57,000

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1. calculate the closing book inventory at retail
2. calculate the C.U.M of this inventory
A store posts the following figures: cost retail $49,000 $57,000 $2,500 $1,500 $93,000 $132,000 $5,000 opening iny gross purchases return to vendor freight gross sales customer returns transfer out markdowns closing physical inventory $112,000 $4,000 $3,000 $32,000 $72,250

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