Question 28 of 82 -11 Crane Company has the following inventory information July 1 Beginning Inventory 10 units at $80 5 Purchases 50 units at $90 14 Sale 50 units 21 Purchases 40 units at $90 30 Sale 20 units Assuming that a perpetual inventory system is used, what is the ending inventory (round all unit costs to three decimal places and all cost of goods sold and balance calculations to nearest dollar) under the moving average cost method? $2676 $2670 $2700 $2690 Question 30 of 82 View Policies Current Attempt in Progress Bonita Department Store utilizes the retail inventory method to estimate its inventories. It calculated its cost to retail ratio during the period at BOX. Goods available for sale at retall amounted to $555000 and goods were sold during the period for $ 412000. The estimated cost of the ending inventory is $ 143000 05329600 5444000 $114400 Question 32 of 82 View Policies Current Attempt in Progress Which of the following is not an advantage of a partnership? O Mutual agency O Ease of formation, Freedom from governmental regulations, O Ease of decision making