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Presented below is information related to Bonita Company. Cost $252,960 1,368,000 Beginning inventory Purchases Markups Markup cancellations Markdowns Markdown cancellations Sales revenue Retail $281,000 2,097,000
Presented below is information related to Bonita Company. Cost $252,960 1,368,000 Beginning inventory Purchases Markups Markup cancellations Markdowns Markdown cancellations Sales revenue Retail $281,000 2,097,000 93,700 15,700 36,900 4,900 2,243,000 Compute the inventory by the conventional retail inventory method. (Round ratios for computational purposes to O decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.) Ending inventory using conventional retail inventory method $
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