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Based on the following information in scrambled order),compute the ending inventory at cost using: (1) the conventional retail method and (2) the cost retail method.

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Based on the following information in scrambled order),compute the ending inventory at cost using: (1) the conventional retail method and (2) the cost retail method. You should round the cost-to-retail ratios to four decimal places, e.g. 0.345678-0.3457 or 34.57%. In your final answer, separately indicate (a) ending inventory at retail, (b) cost-to-retail ratio, and (c) ending inventory at cost. Summarize your answers on the bottom of page. At cost $5,200 At retail $19,000 800 3,700 Inventory, Beginning Markup cancellations Freight-in Markdowns cancellations Mark-ups Normal damage Sales Purchases Markdowns 1300 4,700 5,500 64,600 82,350 9,100 46,720 Answer: (You should also provide your work to support your answers) (a) Ending inventory at retail (c) Ending inventory at cost (b) Cost-to-retail ratio Method (1) Conventional retail (2) Cost retail

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