The following information is available for the past month for a retail store: What is the ending inventory at cost using the conventional retail method? (Round cost-to-retail ratios to four decimal places.)
A)$31,853
B)$33,292
C)$27,000
D)$75,000

Question

The following information is available for the past month for a retail store:  What is the ending inventory at cost using the conventional retail method? (Round cost-to-retail ratios to four decimal places.)
A)$31,853 
B)$33,292 
C)$27,000 
D)$75,000

Quizplus · Accepted Answer

The Answer of The following information is available for the past month for a retail store:  What is the ending inventory at cost using the conventional retail method? (Round cost-to-retail ratios to four decimal places.)
A)$31,853 
B)$33,292 
C)$27,000 
D)$75,000

The Following Information Is Available for the Past Month for a Retail