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2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. LIFO Cost of Goods Sold Ending Inventory Cost of Goods
2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. LIFO Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of # of units Cost per Goods unit Available for Sale $ 0 # of units Cost per unit Cost of Goods Sold Cost Ending # of units per unit Inventory Beginning Inventory Purchases: Apr 07 Jul 16 Oct 06 Total Oo oo 0 $ Sales revenue Gross profit 3. Using weighted-average cost, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. (Round "Average Cost per unit" to 4 decimal places and all other answers to the nearest whole number.) Cost of Goods Available for Sale Cost of Goods Sold - Weighted Average Cost Ending Inventory - Weighted Average Cost Weighted Average Cost Cost of Goods Available for Cost per unit # of units # of units Sold Cost per Unit Cost of Goods Sold # of units In Ending Inventory Cost per unit Ending Inventory Sale 53 $ 2,385 133 Beginning Inventory Purchases: Apr 07 Jul 16 Oct 06 Total 203 6,251 10.150 5,763 24,549 113 502 $ Sales revenue Gross profit
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