(retail) was $380500($581000), purchases during the current year at cost (retail) were $3148000($4933600), freight-in totaled...
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Accounting
(retail) was $380500($581000), purchases during the current year at cost (retail) were $3148000($4933600), freight-in totaled $146500, sales during the current year totaled $4406000, and net markups were $401000. What is the company's ending inventory value at cost? (Round cost-to-retail ratio percentages to 1 decimal places, e.8. 52.7%=0.527. ) $937462 $779417 $1028438 $1509600

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