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Presented below is information related to Cullumber Corporation for the current year. Beginning inventory Purchases Total goods available for sale Sales revenue (a) (b) (c) $589,800 Compute the ending inventory, assuming that (a) gross profit is 43% of sales, (b) gross profit is 60% of cost, (c) gross profit is 33% of sales, and (d) gross profit is 25% of cost. (Round ratios for computational purposes to 1 decimal place, e.g. 78.7% and final answers to 0 decimal places, e.g. 28,987.) (d) 1,503,500 Gross profit is 43% of sales Gross profit is 60% of cost Gross profit is 33% of sales Gross profit is 25% of cost $ $ $ $2,093,300 $ 2,410,000 Ending Inventory 719,600 1,129,300 478,600 285,800

Presented below is information related to Cullumber Corporation for the current year. Compute the ending imentory, atsuming that (a) gross profit is 43% of sales, (b) gross profit is 60% of cont (c) gross proft is 33% of sales, and (d) gross profit is 25% of cost. (Round ratios for computetional purposes to 1 decimal place, eg. 78.7% and final answers to 0 decimal places, e.s. 28,987