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Question 4 The following information is available for M&R Company for 2020 Cost Selling Price Bog Iny 1/1/2020 B0.000 130,000 Purchases 100,000 140,000 Sales 200,000

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Question 4 The following information is available for M&R Company for 2020 Cost Selling Price Bog Iny 1/1/2020 B0.000 130,000 Purchases 100,000 140,000 Sales 200,000 1- Ending Inventory at retail, lo 8-80,000 b- 60.000 C: 70.000 d-.200.000 v 2. Cost to retail Ratio, is - 74% b- 90% 06796 d- none of the choices 3- Estimated of ending inventory at cost. a-46.900 b. 53.600 C-63,000 d- 56.800

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