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ABC com has the following information is available for June 2019 Co Retail Inventory, June $ 60,000 $100,000 Parcha 270,000 350,000 Purchase returns 2,500 1,500
ABC com has the following information is available for June 2019 Co Retail Inventory, June $ 60,000 $100,000 Parcha 270,000 350,000 Purchase returns 2,500 1,500 Freight-in 5,500 Net markupas 9,500 Nef markdowns 16,000 Sales 400,000 Sales discount 3,500 If ABC company uses the cost method to determine its ending inventory at cost. what is the cost to retail ratio? OA 82.0% OB. 57.0% . 75.3% OD 67.5%
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