Jones Co. uses the retail inventory method. Given the following data, what's the ending inventory at cost? Round cost ratio to the nearest whole percent. Sales at retail: $80,000 Net purchases at cost: $41,200 Net purchases at retail: $66,800 Beginning inventory at cost: $22,400 Beginning inventory at retail: $36,800 SELECT ONE ANSWER A. $14,396 B. $63,600 C. $23,600 D. $14,936.

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