Nicki's Pet Supply Needs to Estimate Its Ending Inventory Normal Gross Profit Average 30

Essay

Nicki's Pet Supply needs to estimate its ending inventory.Using the data below,compute Nicki's estimated cost of ending inventory for the month of April.
$$\begin{array} { l l } \text { Beginuning inventory April } 1 & \$ 6,000 \\\text { Purchases for April } & 10,000 \\\text { Retail sales during April } & 15,000\end{array}$$
Normal gross profit average 30%