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please help ESOURCES mework Carla Company began operations late in 2019 and adopted the conventional retail inventory method. Because there was no beginning inventory for

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ESOURCES mework Carla Company began operations late in 2019 and adopted the conventional retail inventory method. Because there was no beginning inventory for 2019 and no markdowns during 2019, the ending inventory for 2019 was $15,244 under both the conventional retail method and the UFO retail method. At the end of 2020, management wants to compare the results of applying the conventional and UFO retal methods. There was no change in the price level during 2020. The following data are available for computations Retail Cost $15,241 522,000 78,000 Inventory, January 1, 2020 Sales revenue Netmarks Netmarkdown Purchases Freight-in Estimated there 1.600 80,700 53.900 10.776 by Study 1,800 Compute the cost of the 2020 ending inventory under both (a) The conventional retal method. (Roundation for computational purposes to c.g. 28,987.) decimal places, ... 70% and inal answer to decimal places, Ending inventory using the conventional retail methods 7 8 (b) The LIFO real method (Round rates for computational purposes to 28,987.) decimal places, eg. 78% and final answers to decimal places, ... Ending invertory at costs Ending inventory at retail Click If you would like to show Work for this questioni Open Show Work

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