View Policies Current Attempt in Progress Pearl Industries uses the retail inventory method for its two departments: men's shoes and women's shoes. The following information is obtained for each department Item Beginning inventory at cost Beginning inventory at retail Cost of goods purchased Retail price of goods purchased Net sales Men's Shoes $38.000 59.000 221,000 360,000 375,000 Women's Shoes $44,000 86,000 313,000 571,000 527,000 Calculate the estimated cost of the ending inventory for each shoe department under the retail inventory method. (Round cost to retail ratio to 2 decimal places, eg. 52.75 and final answers to decimal places, eg, 5.275.) Men's Shoes Women's Shoes Estimated cost of ending inventory $