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QUESTION 29 Use the information below for the following three questions The following date viable for Kroce Company. Kroeseretel inventory method to determine ending Inventory.

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QUESTION 29 Use the information below for the following three questions The following date viable for Kroce Company. Kroeseretel inventory method to determine ending Inventory. Beleerworwe is recorded me of employee decourt which totaled $2,000 in the year Cost Retail Beginning inventory 77.000 103,000 Purchase 193,000 288,000 Purchase Reture 5,000 8.000 Abnormal Spellage 2,700 4,300 Amount (5) Amount (5) Freight 7.000 Markdowns 18,000 Normal Spoilage 7.800 Markdown Cancellations 6,000 Sales Returns 6,000 Markupe 19,000 Sales Revenue 218,000 Markup Cancellations 9,500 Kroos usos conventional retail inventory method, ending inventory is approximately $103,962 $105,882 $107,110 $109,221 QUESTION 30 We uwe average cost retail inventory method, anding Inventory is approximately: $110,526 $112,218 $115,181 $116,745 QUESTION 31 Kroos U LIFO retail inventory method, onding Inventory (sauming all markupe, markdowns and abnormal spolage are associated with purchases) is approximately $109,312 $110,572 $111,089 $113,179 QUESTION 29 Use the information below for the following three questions The following date viable for Kroce Company. Kroeseretel inventory method to determine ending Inventory. Beleerworwe is recorded me of employee decourt which totaled $2,000 in the year Cost Retail Beginning inventory 77.000 103,000 Purchase 193,000 288,000 Purchase Reture 5,000 8.000 Abnormal Spellage 2,700 4,300 Amount (5) Amount (5) Freight 7.000 Markdowns 18,000 Normal Spoilage 7.800 Markdown Cancellations 6,000 Sales Returns 6,000 Markupe 19,000 Sales Revenue 218,000 Markup Cancellations 9,500 Kroos usos conventional retail inventory method, ending inventory is approximately $103,962 $105,882 $107,110 $109,221 QUESTION 30 We uwe average cost retail inventory method, anding Inventory is approximately: $110,526 $112,218 $115,181 $116,745 QUESTION 31 Kroos U LIFO retail inventory method, onding Inventory (sauming all markupe, markdowns and abnormal spolage are associated with purchases) is approximately $109,312 $110,572 $111,089 $113,179

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