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Current Attempt in Progress The records of Concord's Boutique report the following data for the month of April. Sales revenue Sales returns Markups Markup cancellations
Current Attempt in Progress The records of Concord's Boutique report the following data for the month of April. Sales revenue Sales returns Markups Markup cancellations Markdowns Markdown cancellations Freight on purchases $98,700 2,000 9,300 1,400 9,500 2,800 2,400 Purchases (at cost) Purchases (at sales price) Purchase returns (at cost) Purchase returns (at sales price) Beginning inventory (at cost) Beginning inventory (at sales price) $45,500 Ending inventory using conventional retail inventory method $ 90,400 2,000 3,100 34,755 46,300 Compute the ending inventory by the conventional retail inventory method. (Round answer to 0 decimal places, e.g. 28,987.)
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