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PRINTER VERSION BACK NEXT OURCES roject ACC 113 Project 1D The retail entory method is used by The Bronx Company. Inventory, purchases, and sales data

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PRINTER VERSION BACK NEXT OURCES roject ACC 113 Project 1D The retail entory method is used by The Bronx Company. Inventory, purchases, and sales data for 2016 are as follows: Retail $29.000 354.000 5,000 y Study Cost $37,000 137,000 4,000 10,000 Beginning Inventory Purchases Purchases Returns and Allowances Freight-in Net Markups Net Markdowns Net Sales 22.000 14,000 227,000 Using the retail inventory method, calculate the lower-of-Average-Costo Market of the Bronx Company's ending inventory. (Do not use dollar signs (9) when entering amounts to see comma-formatted numbers reflected in your final answers, you must enter your answers with commas.) Cost to Ratio Ending Inventory Average Lower of Cost or Market MacBook Pro delete Compute the cost-to-RealRatio (Round answers to 2 decimal places, . 52.75. Do not use dollarsins () when entering amounts. To see com your final answers, you must enter your answers with comes.) -formatted numbers reflected in Cost-to-Real Ratio 100 Before moving onto the next section, please do the following for screen here click on the hyperlinks below: 1. Scroll to the end of the page and click on the "Save for Later" button to save your work 2. When you are ready to begin the next section, you can reference the work that you have completed by thing on the Printer Version" button at the top of the page. Doing this will open your aved answers in a new window to help you complete the next section Complete these steps each time you have shed a section o n the s t one you have completed all of the section Compute the Ending Inventory at Lower of Average Cost or Maret Hound answers to 2 decimal places formatted numbers reflected in your final answers, you must enter your answers with commas.) . 5. Do not use design (8) when entering amounts. To see comma Ending Inventory Average Lower of Cost of Market Before moving onto the next section, please do the following for mere he c an the hyperlinks below 1. Screw to the end of the page and the other for at button to your work 2. When you are ready to be the secto rence the work that you have comed by wipe your saved a s a new window to recome the next section th e De a search or type URL. * * den

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