Question 11 The following information is available for M&R Company for 2020 Cost Selling Price Beg Inv 1/1/2020 80,000 140,000 Purchases 100,000 140 000 Sales 200 000 1- Ending Inventory at retail is a- 200 000 b- 80,000 V C-60,000 d-can't be determined 2- Cost to retail Ratio, is a- 64% b- 70% C- 71% d: none of the choices v 3- Estimated of ending inventory at cost is. a- 42.000 b-51 200 C-56,000 d- 56.800