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San Lorenzo General Store uses a perlodic inventory system and the retall inventory method to estimate ending Inventory and cost of goods sold. The following
San Lorenzo General Store uses a perlodic inventory system and the retall inventory method to estimate ending Inventory and cost of goods sold. The following data are avallable for the month of October 2021: Requlred: Complete the table below to estimate the average cost of ending inventory and cost of goods soid for October using the information provided. (Round ratio calculation to 2 decimal pleces (l.e., 0.1234 should be entered as 12.34%.). Enter amounts to be deducted with a minus sign.)
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