Required information LeMay Department Store uses the retail inventory method to estimate ending inv statements. The following data pertain to one of its largest departments for the m Sales are recorded net of employee discounts. 2. Recompute the cost-to-retail percentage using the average cost method. Note: Round your percentege answer to 2 decimal places (i.e., 0.1234 should be entere uses the retail inventory method to estimate ending inventory for its monthly financial data pertain to one of its largest departments for the month of March: f employee discounts. I percentage using the average cost method. answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34% )