The recordsof Shetheld Menswear report the following data for the month of September: (a) -...
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Accounting
The recordsof Shetheld Menswear report the following data for the month of September: (a) - Your answer is partially correct Estimate the ending inventory using the retail imentory method. (Round intermed lote colculations to 2 decimal place, es. 15.21% and the final answers to 0 decimal ploces, es. 5,275. Estimate the ending inventory using the retail inventory method. (Round intermediate calculations to 2 decimal ploce; es 1521% and the final answers to O decimal places, es. 5,275.) Endirginyentory, at retail Ending inventory at cost Attempts: 3 of 3 used (b) Assuming that a physical count of the inventory determined that the actual ending inventory at retail prices at the end of September was $41,100, estimate the loss due to shrinkage and theft. (Round intermediate calculations to 2 decimal places. es 15.21\% and the final answer to 0 decimol ploces, es. 5,275.) Estimated loss due to shrinkage and theft


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