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Please can you help me to solve this and can you illustrate proper please? Based on the following information (in scrambled order), compute the ending
Please can you help me to solve this and can you illustrate proper please?
Based on the following information (in scrambled order), compute the ending inventory at cost using: the conventional retail method and (2) the cost retail method. You should round the cost-to-retail ratios to four decimal places, e.g. 0.3456780.3457 or 34.57%. In your final answers, separately indicate (a) ending inventory at retail, (b) cost-to-retail ratio, and (c) ending inventory at cost. Summarize your answers on the bottom of page. Answer: (You should also provide your work to support your answers) Step by Step Solution
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