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Current Attempt in Progress Chris's Televisions produces television sets in three categories: portable, midsize, and flat-screen. On January 1, 2025, Chris adopted dollar-value LIFO and
Current Attempt in Progress Chris's Televisions produces television sets in three categories: portable, midsize, and flat-screen. On January 1, 2025, Chris adopted dollar-value LIFO and decided to use a single inventory pool. The company's January 1 inventory consists of: During 2025 , the company had the following purchases and sales. 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, e.g. 1.45 and final answers to 0 decimal places, e.g. 6,548.) Ending inventory $ Cost of goods sold $ Gross profit $ eTextbook and Media
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