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Current Attempt in Progress Swifty Corporation began operations on December 1 , 2 0 2 4 . The only inventory transaction in 2 0 2
Current Attempt in Progress
Swifty Corporation began operations on December The only inventory transaction in was the purchase of inventory on December at a cost of $ per unit. None of this inventory was sold in Relevant information is as follows.
During the year, the following purchases and sales were made.
During the year, the following purchases and sales were made.
tablePurchasesSalesMarch units,at$April July units,atAugust September units,atNovember December units,atDecember
The company uses the periodic inventory method.
Calculate the weightedaverage cost per unit. Round answer to decimal places, eg
Weightedaverage cost $
Determine ending inventory under specific identification, FIFO, LIFO, and averagecostRound answers to decimal places, eg
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