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( b 1 ) Determine total sales for the month of April. Total sales $ eTextbook and Media Attempts: 0 of 2 used ( b
b
Determine total sales for the month of April.
Total sales $
eTextbook and Media
Attempts: of used
b
Calculate Crane Trading's gross profit and gross profit rate for the month of April under each method. Round gross profit to
decimal places, eg and gross profit rate to decimal place, egCrane Trading Company uses a periodic inventory system and has a beginning inventory as of April of tents. This consists of
tents purchased in February at a cost of $ each. During April, the company had the following purchases and sales of tents.
a
Determine cost of goods available for sale and ending inventory in units.
Cost of goods available for sale $
Ending inventory in units
eTextbook and Media
Attempts: of used
a
Determine the April cost of goods sold and the cost of the April ending inventory using FIFO, LIFO, and averagecostRound
averagecost ending inventory to decimal places, eg and final answers to decimal places, eg
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