Exercise 9-2 Presented below is information related to Headland Company. Compute the ending inventory at retail. Ending inveneary Compute a cost-to-retail percentage under the following conditions. (Round ratios to 2 decimal places, e.g. 78.74%) 1) Exdluding both makups and markdowns (2) Extluding markups but including markdowns 3) Exluding markdowns but including markups 4) cuding bath markdowns and markups Which of the methods in (b) above does the following? ) Pravides the most conservatbive estimate of ending inventary (3) s uied in the conventional retail methed Compute ending inventory at lower-of-cost-or-market. (Round ratio to 2 decimal places, eg. 78.74% and final answer to 0 decimal places, e.g. 6,225.) Ending invemary Compute cost of goods sold based on (d). (Round answer to O decimal places, e.g. 6,225.) Cost o goods sole Compute gross margin based on (d). (Round answer to 0 decimal places, e.g. 6,225.) Geoss marys