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Requlred Informetion Problem 9-13 (Algo) Retail inventory method; various applications [LO9-3, 9-4, 9-5] [The following...

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Accounting

image Requlred Informetion Problem 9-13 (Algo) Retail inventory method; various applications [LO9-3, 9-4, 9-5] [The following information applies to the questions displayed below.] On January 1, 2024, Pet Friendly Stores adopted the retail inventory method. Inventory transactions at both cost and retail, and cost indexes for 2024 and 2025 are as follows: Problem 9-13 (Algo) Part 2 Requlred: 2. Estimate the 2024 ending inventory and cost of goods sold using the average cost retail method. Note: Round your cost-to-retall percentage to 2 decimal places ond round your flnal answers to nearest whole dollar

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