The following information is available for October for Jordan Company Beginning investory $70,000 Purchases 195.000 Purchase wurns 25,000 Sale Sales Returns Percentage tarkup on Cost $330 000 15 000 40% A fire destroyed most of Jordan's October 31 inventory warehouse, leaving undamaged inventory with a cost of $3,000. Using the gross profit method, the estimated ending inventory destroyed by fire is: Select one: O a $29,286 O b. $12,000 O c $51,000 O d. $4286 O e. $15,000 v The following information for the month of April is available from the records of Ireland Department Store: Purchases Frog Additional markups Markup cancellations Markdowns Markdown cancellations Inventory, April 1 Al Cost ALR 574.600 $53,250 80,000 2.000 4300 700 6,600 200 8.400 11,400 Estimate the cost of the April 30 inventory using the Conventional Retail Inventory Method: Select one: O a. $9,380 b. $11,183 O c. $10,058 O d. $9,319 O e. $13,668 Given the following information for the Albuquerque Company: Date 12/31/16 12/31/17 12/31/18 Inventory at end- of-year prices $75,000 $90,000 $115,000 Price Index 100 110 120 n Using dollar-value LIFO, the 12/31/18 inventory for the balance sheet is approximately: Select one: O a. $97,273 O b. $111,364 O c. $108,333 O d. $99,318 O e. $95,833 During periods of rising prices with frequent purchases and sales, a perpetual inventory system would generally result in a different dollar amount of ending inventory than a periodic inventory system under which of the following inventory cost flow methods? Select one: O a FIFO, but not LIFO O b.LIFO, but not FIFO O c Both FIFO and UFO O d. Neither FIFO nor LIFO