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c Hook Company has the following story data. The comparis periodicom lect Writes Sport Extended 1 Beginning inventory 160 $200 $32.000 Purchase 130 $215 $27.950
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Hook Company has the following story data. The comparis periodicom lect Writes Sport Extended 1 Beginning inventory 160 $200 $32.000 Purchase 130 $215 $27.950 5 Sold 200 $350 370.000 10 Purchase 250 $230 $57,500 25 Sold 160 $375 $60,000 3 Requirement: 1. Under LIFO, calculate the following: A) Cost of Goods Sold B) Gross Margin % 2. Under weighted average, calculate the following: A) Ending Inventory B) Inventory Turn Edit Format Table Step by Step Solution
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