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please answer all questions! Presented below is information related to Indigo Company. Compute the ending inventory at retail. Compute a cost-to-retail percentage under the following

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Presented below is information related to Indigo Company. Compute the ending inventory at retail. Compute a cost-to-retail percentage under the following conditions, (Round rotios to 2 decimol places, e.g. 78.74\%) eTextbook and Media Which of the methods in (b) above does the following? (1) Provides the most conservative estimate of ending inventory. (2) Provides an approximation of lower-of-cost-or-market. (3) Is used in the conventional retail method. Compute ending inventory at lower-of-cost-or-market. (Round ratio to 2 decimal places, es. 78.74% and final answer to 0 decimal ploces, eg 6,225) Ending inventory Compute cost of goods sold based on (d), (Round answer to 0 decimal places, eg. 6.225) Cost of goods toid Compute gross profit based on (d), (Round answer to 0 decimal places es. 6.225.) Gross profit

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