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Compute ending inventory, cost of goods sold, and gross profit. (Round answers to decimal places, eg. 6,548.) Ending inventory $ Cost of goods sold $
Compute ending inventory, cost of goods sold, and gross profit. (Round answers to decimal places, eg. 6,548.) Ending inventory $ Cost of goods sold $ Gross profit $ Assume the company uses three inventory pools instead of one. Compute ending inventory, cost of goods sold, and gross profit. (Round price index to 2 decimal places, eg. 1.45 and final answers to decimal places, eg. 6,548.) Ending inventory $ Cost of goods sold $ Gross profit e Textbook and Media Jason's Televisions produces television sets in three categories: portable, midsize, and flat-screen On January 1, 2020, Jason adopted dollar-value LIFO and decided to use a single inventory pool . The company's January 1 inventory consists of: Category Quantity Cost per Unit 16,800 $ 100 Total Cost $ 1,680,000 Portable Midsize 22,400 250 5,600,000 Flat-screen 8.400 400 3,360,000 47,600 $10,640,000 During 2020, the company had the following purchases and sales. Quantity Sold Selling Price per Unit Category Quantity Purchased 42.000 Cost per Unit Portable $110 39.200 $ 150 Midsize 300 400 56.000 67.200 Flat-screen 28,000 500 600 16,800 126,000 123.200 Your answer is correct. Calculate price index. (Round price index to 4 decimal places, e.g. 1.4562.) Price index 1.2156 e Textbook and Media Attem
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