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Clarabell Inc. uses the conventional retall method to estimate ending Inventory. Cost data for the most recent quarter is shown below. Beginning inventory Net purchases
Clarabell Inc. uses the conventional retall method to estimate ending Inventory. Cost data for the most recent quarter is shown below. Beginning inventory Net purchases Net markups Net markdowns Net sales cost Retail $135,000 $223,000 442,800 743,000 64,000 29,000 795,000 To the nearest thousand, estimated ending Inventory using the conventional retall method is: (Do not round Intermediate calculations.) Multiple Choice | *Untitled - Notepan File Edit Format View Help please answer both parts, should not take long. please only provide correct answer, no work needed i give thumbs up no matter what $139.000. S180.000 In 3, Col32 100% Windows (CRLF) UTF-8 $190.000 $168.000 Cloverdale, Inc., uses the conventional retall Inventory method to account for Inventory. The following information relates to current year's operations: Cost Beginning inventory and purchases Net markups Net markdowns Net sales Retail $286,080 $519,000 31,800 21,000 482,000 What amount should be reported as cost of goods sold for the year? Multiple Choice $260,590. 5260100 $261,566 None of these answer choices are correct
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