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The records of Carla's Boutique report the following data for the month of April. Sales revenue $100,100 Purchases (at cost) $47,400 Sales returns 1,900
The records of Carla's Boutique report the following data for the month of April. Sales revenue $100,100 Purchases (at cost) $47,400 Sales returns 1,900 Purchases (at sales price) 95,300 Markups 9,500 Purchase returns (at cost) 1,900 Markup cancellations 1,500 Purchase returns (at sales price) 2,900 Markdowns 9,800 Beginning inventory (at cost) 37,344 Markdown cancellations 2,800 Beginning inventory (at sales price) 48,800 Freight on purchases 2,200 Compute the ending inventory by the conventional retail inventory method. (Round ratios for computational purposes to O decimal places, e.g. 78% and final answer to O decimal places, e.g. 28,987.) Ending inventory using conventional retail inventory method $
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