Marvalo Gaunt's Jewelry Shoppe has the following data for the year 2021 Cost $306,180 889,380 Beginning inventory Net purchases Net markups Net markdowns Net sales Retail $ 486,000 1,414,800 91,800 48,600 1,336,500 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 $ 370,575.00 $ 824,985.00 Marvalo Gaunt's Jewelry Shoppe has the following data for the year 2021 Cost $306,180 889,380 Beginning inventory Net purchases Net markups Net markdowns Net sales Retail $ 486,000 1,414,800 91,800 48,600 1,336,500 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 conventional retail inventory method. $ 382,104 Ending Inventory (at cost) Cost of Goods Sold $ 813,456 Average LIFO > Marvalo Gaunt's Jewelry Shoppe has the following data for the year 2021 Cost $306,180 889,380 Beginning inventory Net purchases Net markups Net markdowns Net sales Retail $ 486,000 1,414,800 91,800 48,600 1,336,500 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 LIFO retail inventory method. $ Ending Inventory (at cost) Cost of Goods Sold 607,500 588,060 Conventional LIFO Marvalo Gaunt's Jewelry Shoppe has the following data for the year 2021 Cost $306,180 889,380 Beginning inventory Net purchases Net markups Net markdowns Net sales Retail $ 486,000 1,414,800 91,800 48,600 1,336,500 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 $ 370,575.00 $ 824,985.00 Marvalo Gaunt's Jewelry Shoppe has the following data for the year 2021 Cost $306,180 889,380 Beginning inventory Net purchases Net markups Net markdowns Net sales Retail $ 486,000 1,414,800 91,800 48,600 1,336,500 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 conventional retail inventory method. $ 382,104 Ending Inventory (at cost) Cost of Goods Sold $ 813,456 Average LIFO > Marvalo Gaunt's Jewelry Shoppe has the following data for the year 2021 Cost $306,180 889,380 Beginning inventory Net purchases Net markups Net markdowns Net sales Retail $ 486,000 1,414,800 91,800 48,600 1,336,500 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 LIFO retail inventory method. $ Ending Inventory (at cost) Cost of Goods Sold 607,500 588,060 Conventional LIFO