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attached with previous question What is the ending inventory on Mar 31st under the FIFO inventory costing? Answer What is the Cost of Goods Sold
attached with previous question What is the ending inventory on Mar 31st under the FIFO inventory costing? Answer What is the Cost of Goods Sold for the Mar 17th sale under MWA inventory costing? Answer 24 What is the Cost of Goods Sold for the Mar 31st sale under MWA inventory costing? Answer: Sport Box sells a wide variety of sporting equipment. The following is information on the purchases and sales of their top selling hockey stick The hockey stick sells for $130 and had transactions as folows 1. Mar 1st beginning inventory 5 units at $30 per unit 2. Mat 3rd sold 3 units 3. Mar 6th purchased inventory 30 units at $40 per unit 4. Mar 17th sold 20 unts 5. Mar 23rd purchased inventory 25 units at $50 per unit 6 Mar 31st sold 30 units Required: Use the information above to answer the questions below for First In First Out (FIFO) and Moving Weighted Average (MWA) inventory costing methods ROUND ALL ANSWERS TO 2 DECIMAL PLACES What is the cost of Goods Sold for the Mar 3rd sale under FIFO inventory costing? Answer What is the cost of Goods Sold for the Mar 17th sale under FIFO inventory costing? Anwar
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