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Presented below is information related to Culver Inc Retal Inventory, 12/31/17 $254,100 863,627 59,400 17,900 $386,700 1,450,300 79,600 Purchases urchase returns Purchase discounts Gross sales
Presented below is information related to Culver Inc Retal Inventory, 12/31/17 $254,100 863,627 59,400 17,900 $386,700 1,450,300 79,600 Purchases urchase returns Purchase discounts Gross sales revenue Sales returns Markups 1,413,700 99,400 118,700 40,800 44,900 20,400 arkup cancellations Markdowns Markdown cancellations reight-i 42,400 Employee discounts granted 8,000 oss from breakage (normal) 4,400 Assuming that Culver Inc. uses the conventional retail inventory method, compute the cost of its ending inventory at December 31, 2018. (Round ratios for computational purposes to 0 decimal places, e.g 78% and final answer to 0 decimal places, eg. 28,987.) ng entory using the c ventional retail invento etho
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