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comComputepute grothe ss profit earned by the company for each of the four costing methods. Sales: fifo, lifo, weighted average,specific identification. Less: Cost of goods
comComputepute grothe ss profit earned by the company for each of the four costing methods. Sales: fifo, lifo, weighted average,specific identification. Less: Cost of goods sold: fifo lifo weighted average, specific identification.
March purchase, from the August purchase, and from the September purchase.
Note: Round your average cost per unit to decimal places. Round your final answers to the nearest whole dollar amount.
tableEnding Inventorya FIFO,$b LIFO,$c Weighted average,$d Specific identification,,
Compute gross profit earned by the company for each of the four costing methods.
Note: Round your average cost per unit to decimal places. Round your final answers to the nearest whole dollar amount.
tableFIFO,,LIFO,tableWeightedAveragetableSpecificIdentificationSalesLess: Cost of goods sold,,,,,Gross profit,$$$
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