Peregrine security had their entire retail inventory at the main street location destroyed by a fire on march 15, 2020. the inventory on hand as of january 1 totaled $4,950,000. from january 1 through the time of the fire, the company made purchases of $2,049,000, and had sales of $3,630,000. assuming the markup is 30% of retail, what is the approximate value of the inventory destroyed in the fire?

Wisconsin snowmobile corp. is considering a switch to level production. cost efficiencies would occur under level production, and after tax costs would decline by $36,000, but inventory would increase by $300,000. wisconsin snowmobile would have to finance the extra inventory at a cost of 13.5 percent.a. determine the extra cost or savings of switching over to level production. should the company go ahead and switch to level production? b how low would interest rates need to fall before level production would be feasible?