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1. Based on the following information, what is C/G/S for Moroni Industries, Inc. using FIFO under the perpetual inventory method? Beginning Inventory 10 @ $120;
1. Based on the following information, what is C/G/S for Moroni Industries, Inc. using FIFO under the perpetual inventory method? Beginning Inventory 10 @ $120; Purchase 60 @ $112, Sale 40; Purchase 30 @ $115; Sale 35 2. Based on the following information, what is C/G/S for Moroni Industries, Inc. using weighted average cost under the perpetual inventory method? Beginning Inventory 10 @ $120; Purchase 60 @ $112, Sale 40; Purchase 30 @ $115; Sale 35 3.Based on the following information, what is ending inventory for Moroni Industries, Inc. using average cost under the periodic inventory method? Beginning Inventory 10 @ $120; Purchase 60 @ $112, Sale 40; Purchase 30 @ $115; Sale 35 4. Based on the following information, what is C/G/S for Moroni Industries, Inc. using LIFO under the perpetual inventory method? Beginning Inventory 10 @ $120; Purchase 60 @ $112, Sale 40; Purchase 30 @ $115; Sale 35 5. Based on the following information, what is ending inventory for Moroni Industries, Inc. using weighted average cost under the perpetual inventory method? Beginning Inventory 10 @ $120; Purchase 60 @ $112, Sale 40; Purchase 30 @ $115; Sale 35 6.Based on the following information, what is C/G/S for Moroni Industries, Inc. using LIFO under the periodic inventory method? Beginning Inventory 10 @ $120; Purchase 60 @ $112, Sale 40; Purchase 30 @ $115; Sale 35
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