Note: Round your answers to the nearest cent. Beginning inventory and purchases January 1 April 10 May 15 July 22 August 19 September 30 November 10 December 15 Cost of ending inventory Cost of goods sold Units 6 9 13 14 19 19 33 15 Unit cost $ 1.90 2.40 2.90 3.15 3.90 4.10 4.30 4.70

Note: Round your answers to the nearest cent. Beginning inventory and purchases January 1 April 10 May 15 July 22 August 19 September 30 November 10 December 15 Cost of ending inventory Cost of goods sold Units 6 9 13 14 19 19 33 15 Unit cost $ 1.90 2.40 2.90 3.15 3.90 4.10 4.30 4.70

Name: vi.3 From the following, calculate the cost of ending inventory and co
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Description: vi.3 From the following, calculate the cost of ending inventory and cost of goods sold for the LIFO method, ending inventory is 55 units.Note: Round your answers to the nearest cent.Beginning inventory andpurchasesJanuary 1April 10May 15July 22August

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter10: Inventory

Section: Chapter Questions

Problem 10PA: Calculate a) cost of goods sold, b) ending inventory, and c) gross margin for A76 Company,...

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