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Catulston Akira Company had the following transactions for the month. 120 Number Total of Units Cost Beginning inventory $1,200 Purchased Mar. 31 170 2,040 Purchased

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Catulston Akira Company had the following transactions for the month. 120 Number Total of Units Cost Beginning inventory $1,200 Purchased Mar. 31 170 2,040 Purchased Oct. 15 140 2,100 Total goods available for sale 430 5,340 Ending inventory 70 7 Calculate the gross margin for the period for each of the following cost allocation methods, using periodic Inventory updating. Assume that all un for $27 each. Round your Intermediate calculations to 2 decimal places and final answers to the nearest dollar amount. Gross Margin A. First-in, First-out (FIFO) B. Last-in, First-out (LIFO) C. Weighted Average (AVG) Previous Check My Work LO

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