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Presented below is information related to Shamrock Company. Cost $295,812 1,398,000 Beginning inventory Purchases Markups Markup cancellations Markdowns Markdown cancellations Sales revenue Retail $275,000 2,137,000
Presented below is information related to Shamrock Company. Cost $295,812 1,398,000 Beginning inventory Purchases Markups Markup cancellations Markdowns Markdown cancellations Sales revenue Retail $275,000 2,137,000 94,000 15,100 37,900 4,800 2,238,000 Compute the inventory by the conventional retail inventory method. (Round ratios for computational purposes to 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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