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rugress Coronado Industries uses the retail inventory method for its two departments: mer's shoes and women's shoes. The following information is obtained for each department:

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rugress Coronado Industries uses the retail inventory method for its two departments: mer's shoes and women's shoes. The following information is obtained for each department: Item Men's Shoes Women's Shoes Beginning inventory at cost Beginning inventory at retail Cost of goods purchased $36,000 58,000 218,000 357,000 378,000 $43,000 84.000 322.000 561.000 505,000 Retail price of goods purchased Net sales Calculate the estimated cost of the ending inventory for each shoe department under the retail inventory method. (Round cost to retail ratio to 2 decimal places, s. 52.75 and final answers to decimal places, es 5,275) Men's Shoes Women's Shoes Estimated cost of ending inventory e Textbook and Media

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