The following are the data of Kaya Pa?

Company

Cost Retail
Beginning inventory 400,000 500,000
Purchases 1,000,000 1,200,000
Purchase return 50,000 80,000
Departmental Transfer in 40,000 60,000
Mark up 300,000
Markdown 100,000
Markdown cancellation 50,000
Sales 1,200,000
Sales return 30,000
Sales allowances 5,000
Sales discount 15,000
Employee discount 20,000
Spoilage and breakage 10,000
Additional info: Ending inventory as per physical count – P20,000

1. What is the cost ratio if the entity used conservative method?

a. 70.80%
b. 72.45%
c. 73.50%
d. 70.20%
2. What is the cost ratio if the entity used average method?
a. 73.04%
b. 73.20%
c. 72.02%
d. 72.20%
3. What is the cost ratio of the entity used FIFO method?
a. 69.23%
b. 68.75%
c. 66.55%
d. 70.24%

4. How much is the loss from thief using conservative method?

5. How much is the loss from thief using average method?
6. How much is the