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Can you please check my work? Part3 Aranas Manufacturing, a tool retailer, began year 20):? with 21,500 units of product in its January 1 inventory,

Can you please check my work?

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Part3 Aranas Manufacturing, a tool retailer, began year 20):? with 21,500 units of product in its January 1 inventory, at a cost of $12.50 for each unit. It made successive purchases of its product in year 20x7. as follows. The company uses a periodic inventory system. On December 31, 20x7. a physical count reveals that 35,000 units of its product remain in inventory. Mar. 7 25,000 units @ $16 each May 25 41,500 units @ $19 each Aug 1 22,750 units @ $23 each Nov. 10 38,100 units @ $24 each Instructions Using the template provided below. 1. Compute the number and total cost of the units available for sale in year 2030'. 2. Compute the amounts assigned to the 20:0 ending inventory, and the cost of goods sold for Fl F0. L| F0, and weighted average. 3. The 113,850 units sold are $31 each. Prepare comparative income statements for the three inventory costing methods of Fl F0. Ll F0. and weighted average, which include a detailed cost of goods sold section as part of each statement (Round your average cost per unit to 2 decimal places} \f

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