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Sheridan Inc had begiming inventory of $11.700 at cost and $18,200 at retail Net purchases were $132,188 at cost and $183,700 at retail. Net markups
Sheridan Inc had begiming inventory of $11.700 at cost and $18,200 at retail Net purchases were $132,188 at cost and $183,700 at retail. Net markups were $9,700, net markdewms were $6.600, and sales revenue was $134.800. Compute ending inventory at cost. using the conventional retall method Ending inwentory using the conventional retail method
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