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18.1 Homework Score: 0 of 1 pt 18.1.28 Use the Inventory Table and the gross profit inventory method to estimate the ending inventory and cost
18.1 Homework Score: 0 of 1 pt 18.1.28 Use the Inventory Table and the gross profit inventory method to estimate the ending inventory and cost of goods sold if a 47% gross profit on sales is realized and net sales are $1,655.39. Date of purchase Units purchased Cost per Retail price unit per unit Beginning 92 $12 $20 inventory April 12 21 $10 $15 May 8 17 $11 $14 June 2 37 $16 $24 The estimated cost of goods sold is $ (und to the nearest cent as needed.) 13 of 13 (9 complete)
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