Vaughn Shoe Store uses the retail inventory method for its two departments, Womens Shoes and Mens Shoes. The following information for each department is obtained.

Item		Womens Shoes		Mens Shoes
Beginning inventory at cost		$ 20,000		$ 50,000
Cost of goods purchased at cost		127,550		150,070
Net sales		178,000		187,000
Beginning inventory at retail		48,000		60,000
Cost of goods purchased at retail		179,000		187,000

A)Calculate cost-to-retail ratio.

		Womens Shoes			Mens Shoes
Cost-to-retail ratio		enter percentages	%		enter percentages	%

B)Compute the estimated cost of the ending inventory for each department under the retail inventory method. (Round answers to 0 decimal places, e.g. 1,250.)

		Womens Shoes		Mens Shoes
Estimated cost of ending inventory		$		$