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Dicer uses the conventional retail method to determine its ending inventory at cost. Assume the...

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Accounting

Dicer uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (retail) were 130,000(198,000), purchases during the current year at cost (retail) were 685,000(1,100,000, freight-in on these purchases totaled 43,000, sales during the current year totaled 1,050,000, and net markups (markdowns) were 24,000(36,000. What is the ending inventory value at cost?
a.153,164.
b.156,165.
c.157,412.
d.236,000.
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