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The next 2 Questions use the same below information Auto Rosales, Inc. started business on January 1 2011 (beglering inventory balance is zero). On January
The next 2 Questions use the same below information Auto Rosales, Inc. started business on January 1 2011 (beglering inventory balance is zero). On January 1, 20xl the company purchased all of the inventory for the used car sales lot. Purchase information is: lots cost of the cars purchased 51500,000 Number of cars purchased Types of cars, number of cars and sales price per car are as follows: Ford Number purchased 20 40 4 100 Sales price per car ST $20.000 $25.000 Total number of lots During the year Auto Resales, Inc. sold the following cars: ord Lexus BMW Totalcars old 48 Ending inventory in unit Using the relative sales value approach, what is the costellocoredesch Ford Cot
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