Presented below is information related to Manama Company. Beginning inventory Purchases Markups Markup cancellations Mar

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Presented Below Is Information Related To Manama Company Beginning Inventory Purchases Markups Markup Cancellations Mar 1 (25.2 KiB) Viewed 53 times

Presented below is information related to Manama Company. Beginning inventory Purchases Markups Markup cancellations Markdowns Markdown cancellations Sales Sales returns Cost Retail $380,000 $400,000 1,850,000 3,200,000 150,000 40,000 49,000 9,000 13,300,000 150,000 Required: Compute the ending inventory at retail and at cost by the conventional retail inventory method (Show your calculations). ARTCENLLEU