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Find the Cost to retail with the given information? how to get cost to retail percentage. At Cost At Retail $100,000 90,000 54,000 Sales Purchases

Find the Cost to retail with the given information? how to get cost to retail percentage. 

At CostSalesPurchases$48,000Inventory, January 1, 24,0002005Net additional mark-upsNet markdownsAt Retail$100,00019 

At Cost At Retail $100,000 90,000 54,000 Sales Purchases Inventory, January 1, 2005 Net additional mark-ups Net markdowns $48,000 24,000 12,000 |6,000 (a) Under the average cost retail method (non LCM) the inventory cost on December 31, 2005 is $. (b) Under the retail method on FIFO basis, LCM, the inventory cost on December 31, 2005 is $.

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