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Chs 1. Use the retail inventory method to estimate the company's year-end inventory at cost. phiysical inventory at retall prices yields a total inventory of
Chs 1. Use the retail inventory method to estimate the company's year-end inventory at cost. phiysical inventory at retall prices yields a total inventory of $1,678.800.Prepare a calculation showing the company's r answers in the tabs below Required 1 Required 2 Use the retail inventory method to estimate the company's year-end inventory at cost. (Round your ratio calculations to 2 decimal places. (i.e. 10.15%)) to Retail At Retail Ratio $ 471,650 3,492,255 $ 3,963,905 S 927450 6.279,650 55 00%is 7,207,100 Cost of goods purchased ost of goods available for sale Net sales at retail 55 00% Prev 1 of 1 Next to search
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