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om/courses/49281/assignments/4993236 Current Attempt in Progress Bonita Industries uses the retail inventory method for its two departments: men's shoes and women's shoes. The following information is
om/courses/49281/assignments/4993236 Current Attempt in Progress Bonita Industries uses the retail inventory method for its two departments: men's shoes and women's shoes. The following information is obtained for each department: OIL Men's Shoes Women's Shoes Item Beginning inventory at cost $37,000 $45,000 57,000 88,000 Beginning inventory at retail Cost of goods purchased Retail price of goods purchased 218,000 319.000 358,000 561,000 Net sales 373,000 529,000 Calculate the estimated cost of the ending inventory for each shoe department under the retail inventory method. (Round cost to retail ratlo to 2 decimal places, es 52.75 and final answers to decimal places, es 5,275.) Men's Shoes Women's Shoes Estimated cost of ending inventory $ $ e Textbook and Media
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