Alicia's Acini de Pepi Ltd$.,$ reported the following information for the

month of December $2022$:

Cost Retail

Inventory, December $1,2022$ $$750,000$ $$1,250,000$

Net purchases, December $2022$ $$1,120,000$ $$1,671,875$

Net Sales, December $2022$ $$2,221,875$

Calculate the: Due November $20$th

Solutions

a Goods Available for Sale @ RETAIL a

b Cost$/$Retail percentage b

c The ending inventory at Retail c

d The ending inventory at Cost d