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Kieso, Intermediate Accounting, 16e INTERMEDIATE ACCT (ACC 310 /311) BACK Problem 9-8 (Part Level Submission) The records for the Clothing Department of Cheyenne's Discount Store

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Kieso, Intermediate Accounting, 16e INTERMEDIATE ACCT (ACC 310 /311) BACK Problem 9-8 (Part Level Submission) The records for the Clothing Department of Cheyenne's Discount Store are summarized below for the month of anuary Inventory, January 1: at retail $25,300; at cost $17,300 Purchases in January: at retail $137,800; at cost $84,760 Freight-in: $9,100 Purchase returns: at retail $2,900; at cost $2,200 Transfers in from suburban branch: at retail $13,200; at cost $7,200 Net markups: $8,100 Net markdowns: $4,000 Inventory losses due to normal breakage, etc.: at retail $400 Sales revenue at retail: $96,700 Sales returns: $2,400 Compute the inventory for this department as of January 31, at retail prices Ending inventory at retail Click if you would like to Show Work for this question: Open Show Work LENK TO TEY Attempts O of 3 used SAVE FOR LATER The parts of this question must be completed in order. This part will be available when you complete the part above

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