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find Ending Inventory & COGS using: Average Conventional LIFO Marvalo Gaunt's Jewelry Shoppe has the following data for the year 2021 Cost $294,840 856, 440

find Ending Inventory & COGS using:
Average
Conventional
LIFO
image text in transcribed
Marvalo Gaunt's Jewelry Shoppe has the following data for the year 2021 Cost $294,840 856, 440 Beginning inventory Net purchases Net markups Net markdowns Net sales Retail $ 468,000 1,362,400 88,400 46,800 1,287,000 Estimate ending inventory (at cost) and cost of goods sold using each of the retail inventory methods specified. Average Conventional LIFO Estimate ending inventory at cost and cost of goods sold using the average cost retail Inventory method. Ending Inventory (at cost) Cost of Goods Sold Average Conventional >

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