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  3. the records of ellen's boutique report the followi

The records of Ellen's Boutique report the following data for the month of April. Sales...

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Accounting

The records of Ellen's Boutique report the following data for the month of April.

Sales Revenue 95600

Sales Returns 1800

Markups 9500

Markup Cancellations 1400

Markdowns 8600

Markdown Cancellations 2700

Freight on purchases 2100

Purchases (@ Cost) 47200

Purchases (@ sales price) 85800

Purchase Returns (@ cost) 1800

Purchase Returns (@ sales) 2800

Beg Inventory @ cost 36103

Beg. Inventory @ sales 50600

Compute the ending inventory by the conventional retail inventory method

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