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Retail Inventory Method Uncle Butch's Hunting Supply Shop reports the following information related to inventory Cost Retail Beginning inventory $35,000 $92.000 Purchases 175.000 200,000 Net

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Retail Inventory Method Uncle Butch's Hunting Supply Shop reports the following information related to inventory Cost Retail Beginning inventory $35,000 $92.000 Purchases 175.000 200,000 Net additional markups 15,000 Net markdowns (23,QOD) Goods avalable for sale SH 10,000 $205,000 Sales (are, 000, Ending inventory at retail $107.000 Calculate Uncle Butch's Hunting Supply Shop's ending inventory wing the retail inventory method under the average cost assumption. Round the cost to-retail ratio to 3 decimal places 41,295 x

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