Question: Determine the ending inventory under the conventional retail method for the furniture department of Blue Department Stores from the following data. (Round ratio of cost

Determine the ending inventory under the conventional retail method for the

Determine the ending inventory under the conventional retail method for the furniture department of Blue Department Stores from the following data. (Round ratio of cost to selling price to 2 decimal places, eg. 61.25 and final answer to 0 decimal places, e.g. 5,125. Cost $149,100 1,459,600 71,500 Retail $286,400 2,115,700 Inventory, Jan. 1 Purchases Freight-in Markups, net Markdowns, net Sales revenue 92,100 46,200 2,117,100 Ending inventory $

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