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Question 46 0/1 View Policies Show Attempt History Current Attempt in Progress Teal Mountain Beachwear Inc. had beginning inventory of $36,800 at cost and $44,160
Question 46 0/1 View Policies Show Attempt History Current Attempt in Progress Teal Mountain Beachwear Inc. had beginning inventory of $36,800 at cost and $44,160 at retail. Net purchases were $193,200 at cost and $224,480 at retail. Net markups were $5,520, net markdowns were $16,560, and sales revenue was $211,600. Compute ending inventory at cost using the conventional retail method. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answer to O decimal places, e.g. 5,275.) Ending inventory using the conventional retail method $
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