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Conventional and LIFO methods needed Cont $158.760 461,160 Beginning inventory Het purchases Net markup Net markdown Net sales Retail 5252.000 733,600 47,600 25,200 693,000 Estimate

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Cont $158.760 461,160 Beginning inventory Het purchases Net markup Net markdown Net sales Retail 5252.000 733,600 47,600 25,200 693,000 Estimate ending Inventory (at cost) and cost of goods sold using each of the retail Inventory methods specified. UFO Average Conventional Estimate ending inventory at cost and cost of goods sold using the conventional retail Inventory method. Ehting inventory (2016 Cont of Goods Sold

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