Marigold inc. had beginning inventory of $9,600 at cost and $16,000 at retail. net purchases were $96,000 at cost and $136,000 at retail. net markups were $8,000, net markdowns were $5,600, and sales revenue was $117,600. assume the price level increased from 100 at the beginning of the year to 115 at year-end. compute ending inventory at cost using the dollar-value lifo retail method.

The usa today reports that the average expenditure on valentine's day is $100.89. do male and female consumers differ in the amounts they spend? the average expenditure in a sample survey of 47 male consumers was $135.67, and the average expenditure in a sample survey of 38 female consumers was $68.64. based on past surveys, the standard deviation for male consumers is assumed to be $34, and the standard deviation for female consumers is assumed to be $17.