Mathematics, 30.03.2021 01:00 ReaFam

Wall to wall records April 1 inventory had a cost of $48,000 and a retail value of $70,000. During April, net purchases cost $210,000 with a retail value of $390,00. Net sale at retail for wall-to wall records for April were $280,00. Calculate the cost of ending inventory using the retail inventory method. ( round to the nearest hundredth percent)

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Wall to wall records April 1 inventory had a cost of $48,000 and a retail value of $70,000. During A...

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