Refer to the information above. Determine the cost ratio that should be used in estimating the May 31 inventory using the retail method. (Round your final answer percentage to one decimal point)

A. 63.8%.

B. 69.4%.

C. 66.0%.

D. 68.4%.

D
($322,200/$471,000) * 100 = 68.4%

Business

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