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Crane Company had a beginning inventory balance on July 1 of 360 units at a cost of $2.80 each. During the month, the following inventory

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Crane Company had a beginning inventory balance on July 1 of 360 units at a cost of $2.80 each. During the month, the following inventory transactions took place: Purchases Sales Date Units Cost per unit Date Units Price per unit July 10 1.310 $2.90 280 $6.20 4 July 2 13 660 3.30 11 1.050 6.20 27 580 3.60 28 340 6.60 la) Activate Your answer is correct. Your answer is correct. Calculate the cost of goods available for sale and the number of units of ending inventory. 9073 Cost of goods available for sale W $ 1240 units Number of units of ending inventory e Textbook and Media (b) * Your answer is incorrect. Assume Crane uses FIFO periodic. Calculate the cost of ending inventory, cost of the goods sold, and gross profit. Ending inventory $ 1240 Cost of goods sold $ 1330 9160 Gross profit $ e Textbook and Media List of Accounts Save for Later Attempts: 1 of 5 used Subm (c) The parts of this question must be completed in order. This part will be available when you complete the part above, (d) The parts of this question must be completed in order. This part will be available when you complete the part above

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