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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

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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 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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