Question

Using the gross profit method find the estimated ending inventory using the following data:

Answer 1

Not sure on the first, but the second is C. 40,000.00

Answer 2

1. 30 percent

2. 211.60

3. 1.61

4. 420.00

5. 10,333.33

6. 40,000

7. 3,107.00

8. 8,000.00

9. 2.5

10. 40,000.00

Step-by-step explanation: