Presented below is information related to Flounder Company.     Cost   Retail Beginning inventory   $148,740   $285,000 Purchases   1,359,000   2,148,000 Markups       96,200 Markup cancellations       16,300 Markdowns       31,800 Markdown cancellations       4,700 Sales revenue       2,209,000 Compute the inventory by the conventional retail inventory method. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.)

UMET's Stores had the following inventory transactions in 2020:                       Transaction             Units          Cost per unit 1/1                 Balance                    50                      $6 2/14               Sale                          25                        5/23              Purchase                  100                     8 8/21              Sale                           50                      11/5              Purchase                   25                     12 11/18            Sale                           95                        Required: Compute tge cost of goods sold and the ending inventory using the periodic inventory system for each of the following cost flow assumptions: a. FIFO b. LIFO c. Weighted average

Bramble Inc. had beginning inventory of $11,395 at cost and $21,500 at retail. Net purchases were $122,915 at cost and $186,600 at retail. Net markups were $9,100, net markdowns were $6,600, and sales revenue was $159,100. Compute ending inventory at cost using the LIFO retail method. (Round ratios for computational purposes to 1 decimal place, e.g. 78.7% and final answer to O decimal places, e.g. 28,987.) Ending inventory using LIFO retail method $

Compute the ending inventory using lower-of-average-cost-or-market. (Round ratios for computational purposes to 0 decimal places, e.g 78% and final answer to 0 decimal places, e.g. 28,987.) Ending Inventory at Lower-of-Average-Cost-Or-Market   $ ____________