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Thcredh of Ads ComDeme At Cost At Retail January 1 beginning inventory 469,010 928,950 3,376,050...

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Accounting

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Thcredh of Ads ComDeme At Cost At Retail January 1 beginning inventory 469,010 928,950 3,376,050 6,381,050 5,595,800 42,800 Sales Required 1. Use the retail inventory method to estimate the company's year-end inventory at cost. a. A year-end physical inventory at retail prices yields a total inventory of $1,686,900. Prepare a calculb- tion showing the company's loss from shrinkage at cost and at retail

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