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please solve for ending inventory at retail The records for the Clothing Department of Swifty's Discount Store are summarized below for the month of Januar.
please solve for ending inventory at retail
The records for the Clothing Department of Swifty's Discount Store are summarized below for the month of Januar. Inventory, January 1 : at retail $24,700; at cost $17,000 Purchases in January: at retail $134,900, at cost $89,932 Freight-in: $6,900 Purchase returns: at retal $3,000; at cost $2,300 Transfers in from suburban branch: at retail 512,900 : at cost 59,100 Net markups: $7,900 Net markdowns: $4,000 Inventory losses due to normal breakage, etc.r at retail $500 Sales revenue at retall: $94,600 Soles returns: $2,400 Compute the inventory for this department as of January 31 , at retail prices. Ending inventory at retail eTextbook and Media Attempts: 1 of 5 used (b) The parts of this question must be completed in order. This part will be available when you complete the part above Step by Step Solution
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