Sunland Corporation had the following amounts, all at retail: Beginning inventory $ 4200   Purchases $ 151000 Purchase returns 6600   Net markups 21000 Abnormal shortage 4600   Net markdowns 3400 Sales revenue 83000   Sales returns 2100 Employee discounts 1900   Normal shortage 2900 What is Sunland’s ending inventory at retail using the conventional retail method?

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The Brad's Farm Company uses the retail inventory method to compute ending inventory. Information for last year is as follows:     Cost   Retail Beginning inventory $12,000   $20,000 Net markups     8,000 Purchases 40,000   80,000 Freight-in 7,100     Purchase returns 3,000   6,000 Sales     50,000 Net markdowns     4,000   Required: Determine Brad’s Farm Company's ending inventory based on the retail lower of average cost or market method.

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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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Hello, I'm not sure how to solve this problem

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