Determine the ending inventory under the conventional retail method for the furniture department of Bramble Department Stores from the following data. (Round ratio of cost to selling price to 2 decimal places, e. g. 15.25% and final answer to 0 decimal places, e. g. 5,125.) Cost Retail Inventory, Jan. 1 $156,000 $296,600 Purchases 1,467,200 2,206,900 Freight-in 68,200 Markups, net 95,500 Markdowns, net 46,100 Sales revenue 2,151,100 g

Mattress wholesalers, inc. is constantly trying to reduce inventory in its supply chain. last year, cogs was $7.47 million and inventory was $1.47 million. this year, cogs is $8.65 million and inventory investment is $1.64 million.a) what was its weeks of supply last ) what is its weeks of supply this ) is mattress wholesalers making progress in its inventory reduction effort? since the number of weeks that cover the supply has mattress wholesalers is making in its inventory reduction effort.