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4 Required information The following information applies to the questions displayed below) Part 1 The following information pertains to Mason Company for 2018: Darts Beginning
4 Required information The following information applies to the questions displayed below) Part 1 The following information pertains to Mason Company for 2018: Darts Beginning inventory Units purchased 120 units 330 units @ @ $40 $44 201607 Ending inventory consisted of 70 units. Mason sold 380 units at $88 each. All purchases and sales were made with cash. Operating expenses amounted to $3100 Required .. Compute the gross margin for Mason Company using the following cost flow assumptions(FIFO (2) UFO and (3) weighted average (Round "Cost per unit to 2 decimal places and final answers to nearest whole dollar amount FO UFO Weighted Average
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