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Question 9 ABC company has the following information is available for June, 2018: Cost Retail...

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Accounting

Question 9 ABC company has the following information is available for June, 2018: Cost Retail Inventory, 1 June $ 60,000 $ 100,000 Purchases 270,000 350,000 Purchase returns 2,500 1,500 Freight-in 5,500 Net markups 9.500 Net markdowns 16,000 Sales 400,000 Sales discount 3,500 If ABC company uses the cost method to determine its ending inventory at cost. what is the amount of inventory (at cost) at 30 June, 20187 OA S27.200 OB $34.261 OC $45,500 OD.S58 303
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Question ABC box the following only be for 2011 Cost 560.000 $ 100.000 270,000 350.000 Phenin 2,500 1.500 5.500 Nel markup 9.500 Net markdown 16,000 Sales 400.000 Sales discount 3.500 ITABC company uses the cost method to determine its ending inventory at cost what is the amount of inventory (at cost) 30 June 2011 DA 5.27.200 OB 14.261 OC54500 OD 303

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