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Ata hamp-tum cost of 569.000. Pratt Company recently purchased the following items for resale M No. of Items Purchased Resale Price Per Unit 4,000 $3.75 2,000 12.00 6,000 6.00 N The appropriate cost per unit of inventory is: M N e $3.38 $10.80 $5.40 e $3.45 $11.04 $5.52 $3.75 $12.00 $6.00 o $5.75 $5.75 $5.75 revious The follow data concerning the retail inventory method are taken from the financial records of Welch Commy Cost $ 196,000 896,000 24,000 Retail $ 280,000 1,280,000 Eleginning inventory Purchases Freight-in Net markups Net markdowns Sales 80,000 56,000 1,344,000 Assuming that the LIFO inventory method were used in conjunction with the data and that the inventory at retail ha during the period, then the computation of retail in the cost-to-retail ratio would include both markups and markdowns and exclude beginning inventory. indude markups and exclude both markdowns and beginning inventory. exclude markups and include both markdowns and beginning inventory. exclude both markups and markdowns and include beginning inventory. evious