Using the data below, compute Nicki’s estimated cost of ending inventory for the month of April. Explain how you reached your answer. Was advised by professor to review inventory in retail enviro, Use standard essay format for response to questions; MUST HAVE an introduction, middle paragraphs, and conclusion indicated. Use standard font, i.e. Times New Roman an 12 point type size …..no plagiarism, answers should be in own words.
The rest of information for essay , I couldn’t put above due space

Beginning inventory April1 $2,000
Purchases for April $12,000
Retail sales during April $13,000
Normal gross profit average 40 percent

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