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AutoSave Off Ch 6 Homework File Home Insert Page Layout Formulas Data Review Calibri 1 1 A n Clipboard Font Alignment B 1 0 0

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\table[[1,A,B,c,D,E,F,G,H,1,d],[70,Arerage Cost or Weighted Aperage nsing Inpentory Record?],[71],[32,,Perchases,Cost of Goods Sold,lepestory On Hand],[73,Date,Qty,Hait Cos,fotal Cos,Qty,AYG cost,otal Cos,Qty,SYG cost,Total Cost],[74,Mag 1- Beg,,,],[75,Msy hat(2),,,,,,,,,],[76,,,,,,,,,,],[77,,,,,,,,,,],[78,May 3,,,,,,,,14,],[79,,,,,,,,,4,],[80,,,,,,,,2,414,],[81,,,,,,,,,,],[82,M=y10,,,,,,,,,],[83,,,,,,,,,,],[84,,,,,,,,,,],[85,Moy 15,,,,,,,,,],[86,,,,,,,,,,],[87,,,,,,,,,,L],[88,Moy 17,,,,,,,,2,],[89,,,,,,,,,,],[90,,,,,,,,,,],[31.,May 30,,,,,,,,,4],[92,,,,,(3),,,,,],[93,[i.,,,B,25,,,,,]]
Calcolate Gross Profit ader each ethod. Gross Profit is Sales (or Rerene)- Cost of Goods Sold (or Cogs).
\table[[,FIFO,LIFO,Weiglted Arerage],[,Sales,cogs,Sales,CoGs,Sales,coGs],[Moy 10,,,,,,],[Moy 17,,,,,,],[Msy 30,,,,,(t),],[Msy Tatol,,,,,,-],[Gross Profit,,,,,,]]
Fonld, yon recometed to ese and mh?
Esch of thee three methodologies relice on s different method of colculating both the inventory of goods snd the cost of goods cold. Depending on the situstion, esch of thefe fysteme moy be apprepriste.
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