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Car Armour sells car wash cleaners. Car Armour uses a perpetual inventory system and made purchas product in 2023 as follows: Assume that Car Armour
Car Armour sells car wash cleaners. Car Armour uses a perpetual inventory system and made purchas product in 2023 as follows: Assume that Car Armour specifically sold the following units: Assume that operating expenses are $1,250. 1-a. Calculate the profit using (i) FIFO, (ii) Moving Weighted Average, and (iii) Specific Identification. (Round the "Weighted-average cost" to 2 decimal places. Round other intermediate answer to nearest whole dollar and round the final answers to 2 decimal places.) 3. Determine the share of the cost of goods available for sale calculated in Part 1 that should be assigned to ending inventory and to goods sold under: (Do not round the intermediate calculations and round the final answers to nearest whole dollar,)
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