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can you please answer the others like in fifo and weighted average 0 Required Information M7-11 to 13 (Static) Calculating Cost of Goods Available for
can you please answer the others like in fifo and weighted average
0 Required Information M7-11 to 13 (Static) Calculating Cost of Goods Available for Sale, Cost of Goods Sold, and Ending Inventory under Periodic FIFO, LIFO, and Weighted Average Cost [LO 7-3] [The following Information applies to the questions displayed below) In its first month of operations, Literacy for the literate opened a new bookstore and bought merchandise in the following order (1) 300 units at $7 on January 1 (2) 450 units at $8 on January 8, and (3) 750 units at $9 on January 29, M7-12 (Static) Calculating Cost of Goods Available for Sale, Cost of Goods Sold, and Ending Inventory under Periodic LIFO [LO 7-3] Assuming 900 units are on hand at the end of the month, calculate the cost of goods available for sale, ending Inventory, and cost of goods sold under LIFO. Assume a perlodic Inventory system is used (Round "Cost per Unit" to 2 decimal places.) Answer is complete but not entirely correct. LIFO Cost of Goods Available for Sale S 12.450 Ending Inventory 9,900 Cost of Goods Sold S 2,550 Step by Step Solution
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