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Cost Flow Methods The following three identical units of Item 113 are purchased during Agrit: Item K113 Units Cost April 2 Purchase 1 $86 April

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Cost Flow Methods The following three identical units of Item 113 are purchased during Agrit: Item K113 Units Cost April 2 Purchase 1 $86 April 14 Purchase 1 89 April 28 Purchase 92 Total $267 Average cost per unit 589 25267 units Assume that one unit is sold on April 30 for $123. Determine the gross profit for Arland ending inventory on April 30 using the(a) strtout Focal lector first out LIFE (0) wilighted average cost methods.

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