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Crane Company is a retailer operating in Calgary, Alberta, Crane uses the perpetual inventory method. Assume that there are no credit transactions; all amounts are

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Crane Company is a retailer operating in Calgary, Alberta, Crane uses the perpetual inventory method. Assume that there are no credit transactions; all amounts are settled in cash. You are provided with the following information for Crane for the month of January 2022 Date Dec. 31 Jan. 2 Jan. 6 Jan 9 Jan. 10 Jan, 23 Jan 30 Description Ending inventory Purchase Sale Purchase Sale Purchase Sale Quantity 162 109 177 66 Unit Cost or Selling Price $21 21 38 25 60 100 120 41 28 48 For each of the following cost flow assumptions, calculate (i) cost of goods sold, ending inventory, and (1) gross profit. (Round answers to decimal places, es. 125.) (1) (2) (3) LIFO FIFO Moving average LIFO FIFO Moving average 8115 Cost of goods sold $ $ $ Ending inventory s $ $ 2026 Gross profit $ $ S 8831

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