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The records of Concord's Boutique report the following data for the month of April. Sales revenue Sales returns Markups Markup cancellations Markdowns Markdown cancellations3,100 Beginning
The records of Concord's Boutique report the following data for the month of April. Sales revenue Sales returns Markups Markup cancellations Markdowns Markdown cancellations3,100 Beginning inventory (at sales price) 50,100 Freight on purchases $103,300 2,200 9,000 1,600 Purchases (at cost) Purchases (at sales price) Purchase returns (at cost) Purchase returns (at sales price) $52,100 95,200 2,200 3,200 29,725 .00 Beginig inventory at cost 2,600 Compute the ending inventory by the conventional retail inventory method answer to O decimal places, e.g. 28,987.) Round ratios or computational purposes to O decimal places, eg 78% and final Ending inventory using conventional retail inventory method $
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