cost retail inventory, start of period (jan 1, 20--) $37,000 $66,000 net purchases during the period 174,000 330,000 net sales for the period 310,500 1. evaluate the ending inventory as april 30, 20-- using the retail inventory method. round your intermediate calculations and final answer to the nearest whole number estimate the ending inventory $________________ 2. estimate the cost of goods sold for the time period, jan 1, through april 30, using the retail inventory method. round your intermediate calculations and final answer to the nearest whole number. estimated cost of good sold $___________________
cost retail
inventory, start of period (jan 1, 20--) $37,000 $66,000
net purchases during the period 174,000 330,000
net sales for the period 310,500
1. evaluate the ending inventory as april 30, 20-- using the retail inventory method. round your intermediate calculations and final answer to the nearest whole number
estimate the ending inventory $________________
2. estimate the cost of goods sold for the time period, jan 1, through april 30, using the retail inventory method. round your intermediate calculations and final answer to the nearest whole number.
estimated cost of good sold $___________________
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