Current Attempt in Progress Presented below is information related to Ivanhoe Company. Cost Retail Beginning inventory $295,812 $275,000 Purchases 1,398,000 2,137,000 Markups 94,000 Markup cancellations 15.100 Markdowns Markdown cancellations Sales revenue 37,900 4,800 2.238,000 Compute the inventory by the conventional retail inventory method. Ending inventory using conventional retail inventory method $ eTextbook and Media Save for Later Attempts: 0 of 10 used Submit Answer

Crane Department Store estimates inventory by using the retail inventory method. The following information was developed: At Cost At Retail Beginning inventory $350000 $700000 Goods purchased 850000 1300000 Net sales 1410000 The estimated cost of the ending intentory is O $364000. O $336000. O $354000. O $236000.

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Retail Inventory Method Uncle Butch's Hunting Supply Shop reports the following information related to inventory:     Cost Retail Beginning inventory $35,000 $92,000 Purchases 75,000 200,000 Net additional markups — 15,000 Net markdowns — (22,000) Goods available for sale $110,000 $285,000 Sales   (178,000) Ending inventory at retail   $107,000   Calculate Uncle Butch's' ending inventory using the retail inventory method under the FIFO cost flow assumption. Round the cost-to-retail ratio to 3 decimal places. $fill in the blank 1 Please dont provide solution image based thanku

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Current Attempt in Progress * Your answer is incorrect. Presented below is information related to Sarasota Company. Beginning inventory Purchases Markups Markup cancellations Markdowns Markdown cancellations Sales revenue Cost $252,942 1,383,000 Retail $281,000 2,119,000 94,300 15,600 33,200 5,000 2,228,000 Compute the inventory by the conventional retail inventory method. Ending inventory using conventional retail inventory method $ 158070

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