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ATV Co. began operations on March 1 and uses a perpetual inventory system. It entered into purchases and sales for March as shown in the
ATV Co. began operations on March 1 and uses a perpetual inventory system. It entered into purchases and sales for March as shown in the Tableau Dashboard.
March 1st: Purchase 100 units, $50 each
March 5th: Purchase 400 units, $55 each
March 9th: Sales 420 units, $85 each
March 18th: Purchase 120 units, $60 each
March 25th: Purchase 200 units, $62 each
March 29th: Sales 160 units, $95 each
I already have everything filled out. I need help calculating the gross profit for LIFO and FIFO
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