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can someone please help me get this answer right. Your answer is incorrect. The records of Shamrock's Boutique report the following data for the month
can someone please help me get this answer right.
Your answer is incorrect. The records of Shamrock's Boutique report the following data for the month of April. Sales revenue $96,600 Sales returns 2,000 Markups 9,800 Markup cancellations 1,600 Markdowns 8,800 Markdown cancellations 2,800 Freight on purchases 2,400 Purchases (at cost) $47,900 Purchases (at sales price) 91,000 Purchase returns (at cost) 2,000 Purchase returns (at sales price) 3,000 Beginning inventory (at cost) 26,007 Beginning inventory (at sales price) 49,500 Compute the ending inventory by the conventional retail inventory method. (Round ratios for computation and final answer to 0 decimal places, e.g. 28,987.) Ending inventory using conventional retail inventory methodStep by Step Solution
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