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Calculate the following based on FIFO inventory valuation. Purchase 500 units @ $100 each Purchase 100 units @ $105 each Purchase 250 units @ $109
Calculate the following based on FIFO inventory valuation. Purchase 500 units @ $100 each Purchase 100 units @ $105 each Purchase 250 units @ $109 each Purchase 200 units @ $112 each There are 240 units in ending inventory. Determine the dollar value of the Ending Inventory and Cost of Goods Sold and number of units sold. Determine Gross Profit for the Sales if Units are sold at $300 each *use your template
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